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Technology Stocks : Discuss Year 2000 Issues

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To: C.K. Houston who wrote (8862)10/3/1999 1:51:00 PM
From: Cheeky Kid   of 9818
 
I lived through the recession days too, I'm not that young. We had a family business and were really not affected by the recession at all. We had friends that lost homes and went bankrupt. Loosing houses to the banks was very common back then.

My parents bought a home they paid 32,000 in 1974, it's got to be worth about 180,000 now. So some houses do increase in value, I guess it depends on the economic climate.

That book I have had since 92, well, actually it's a CD with 4 books on it. Two from Anthony Robins and two from Paul Zane Pilzer. I just pulled it out of the closet again, and am discovering a host of info that I either forgot or missed. It gave me a different perspective on issues. When I look at the word *saturation* I look at it with a different view, when I look at experts who are predicting doom and gloom, I now look at that with a different perspective as well. That's what reading that book did for me.

So, I guess that's were I get my optimism from. The Club of Rome reminds me of many Y2K doomers, some of who are very well known and have similar credentials.

Did you miss this part:
>>> The Club of Rome had commissioned the study three years earlier, recruiting a team of seventeen experts--ranging from an Iranian population analyst to a Norwegian pollution specialist--to peer down the road a bit and report back on humankind's economic and environmental prospects. Working first under the direction of futurist Jay Forrester of the Massachusetts Institute of Technology, and then under Forrester's colleague, MIT business professor Dennis Meadows, the experts used some of the most sophisticated computer modeling techniques then available to produce a 197-page report that came to a genuinely shocking conclusion. What their computer models told them was that with the world's population growing at a rate of about 2 percent a year and industrial output rising by 7 percent annually, the world's physical resources would be exhausted sometime in the next few decades--a calamity, they said, that could wind up wiping out most of humanity before the year 2100. <<<


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