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Politics : Idea Of The Day
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To: Crystal ball who wrote (28126)8/13/1999 12:30:00 AM
From: 45bday  Read Replies (1) of 50167
 
I always thought when someone buys something and someone else sells that someone makes money and someone else loses.
So the net effect is that any money lost in the mkt. by some is sitting in the account of someone else if it hasn't been spent buying a house or a boat etc.. From your post I take it you are a buyer who has held while enriching someone else. You should write to Mr. Greanspan and ask him to pay your mortgage ( which by the way carries a pretty attractive interest rate that he created for you ). Stop crying & put your money in T bills.
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