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To: chic_hearne who wrote (38372)	11/29/2000 3:27:30 PM
From: QwikSand	of 64865

I read it, in the current edition ('96? '97?) where Galbraith says in the latest preface, "...and the same thing's going on right this minute!". I agree it's a great book and pretty terrifying. But there are more recent examples in our history where the Fed overtightened and tipped us into recession not in the context of a stock bubble. Obviously we had a bubble for the past several years. Is this really the big Kahuna? Maybe or maybe not; tech stocks may never again see the same level of fantasy valuation, but IMHO it remains to be seen whether we're in a Great Crash. But the Fed has overtightened. --QS

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