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Pastimes : Alan Greenspan MUST GO:
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To: Master (Hijacked) who wrote (109)5/27/2000 1:46:00 AM
From: Scumbria  Read Replies (1) of 494
 
Vince,

The point being that this drop in spending can snowball into an avalanche with people losing jobs. And as people lose jobs, those still employed fear losing theirs so they stop spending and become hoarders which amplifies the problem exponentially.....thereby resulting in a recession.

Well said.

Scumbria
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