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Politics : Ask Michael Burke

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To: Cynic 2005 who wrote (70979)11/24/1999 10:38:00 AM
From: pater tenebrarum   of 132070
 
Mohan, you're overlooking the fact that both recessions and bear markets have been outlawed. and what's that old-fashioned term "bottom line"? since when does that matter? what matters nowadays is a PLAN, a BUSINESS MODEL and a co's ability to sweet-talk WS analysts and generate investment banking fees for the brokers.
what a great virtuous circle....the Fed prints money, the nation of day traders books big profits, and that money is used to buy goods and services from overseas...the perpetual motion machine has finally been invented. <gggg>

hb
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