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Politics : Idea Of The Day

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To: ynot who wrote (28899)9/17/1999 1:52:00 PM
From: MeDroogies  Read Replies (1) of 50167
 
Crystal Ball has 2 mediocre points here.
1. Short is "bad" for the "common" folk because they don't know how to do it, let alone when to do it. So, being long holding investors, they get hurt and often panic. (My response - tough luck. Can't take the heat...don't invest)

2. Interest rates rising hurt "common" folk. There is a *small* measure of truth to this. But not enough for me to waste breath on.

AG, as I have said before, has done the right thing for the most people over the longest term.

ANYONE SEE THE CURRENT ACCOUNT INFO TODAY? The US spends WAY more than we bring in internationally. That is untenable, and requires higher rates.
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