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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.04-0.1%Dec 9 4:00 PM EST

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To: Benkea who wrote (33714)11/18/1999 10:35:00 PM
From: Hans  Read Replies (1) of 99985
 
$8 million in circulation in 1929? That sounds very unrealistic.

You gotta reject these unreasonable statistics that you hear.

I heard a talk show where a caller said that the wealth of the top 5% of americans (more or less) would run the goverment for only eight days. BS I thought, while the host discussed it. Bill Gates is worth 100B. The budget is several trillion. He alone could run things for a few weeks. Add in the other billionaires and millionaires and we're talking about far more than 8 days worth of cash.

lies, damned lies, and statistics.

And it looks like a melt up.
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