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Politics : Ask Michael Burke

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To: Knighty Tin who wrote (80940)5/20/2000 8:40:00 AM
From: Tommaso  Read Replies (2) of 132070
 
MB, has it occurred to you that Greenspan might prefer to see Bush in the White House rather than Gore? One scenario (I hate that word but there it is) could be that business conditions really do begin to worsen as the year goes on, and that Gore gets the blame, but then a really bad disruption sets in and Bush gets Hoovered.

I am quoting Robert Shiller too often, but he points to the effect of interest rate rises (which he characterizes as "whole body radiation" as opposed to laser surgery) in puncturing the 1929 US bubble and the 1990 bubble in Japan, and the long-lasting effects on the economies.

I think "novice investor" might have a point in anticipating the ruination of the Nasdaq and economic stagnation following.
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