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Politics : Ask Michael Burke

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To: Freedom Fighter who wrote (77942)3/16/2000 10:09:00 AM
From: Tommaso  Read Replies (6) of 132070
 
It may be that all it will take to pop the bubble is a slackening of money going in--not even actual withdrawals. The "friction" of all the brokerages, the loads, and management fees --the whole parasitical apparatus-- is constantly skimming off fractional amounts of capital that goes to support lavishly consuming ways of life. The falling Dow already seems to be a sort of pump to pull money out of the NAZ.

In the past year I have almost completely shut my mouth about the markets, except on this thread and except for a minute or two about once a week to my wife in the kitchen when no one else is around. I think my own brother rather suspects I am a lunatic. My oldest and best friend still has the vast majority of his retirement fund in a variable sector. He knows what I think, so I don't say it any more. There's no point in trying to play Mozart in the middle of a rock concert.
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