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Pastimes : Fun Loving Clowns - Laughing All The Way To The Bank

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To: Eashoa' M'sheekha who wrote (2)6/26/2000 3:06:00 AM
From: Mike McFarland  Read Replies (1) of 28
 
That is quite a list of rules you have, any chance you
might reconsider Slamming Analysts making wrong predictions is NOT welcome

Barton Biggs said:
Also, the economy, though it has slowed, still will be growing at a 3%-4% real rate, and that's too fast.

No, that rate of growth is not too fast.
Growth is a good thing, these guys need to
get over their Greenspan hero worship and
accept that growth is good, moderate inflation
is okay--certainly in wages.

American's savings rate is the real problem--if
we saved more the trade deficit would come down
and isn't that the real buggaboo?

Well, I'm certainly no economist, but we are all
entiled to our two cents and I do not see what
the problem is with a lousy four percent growth.
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