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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Perspective who wrote (28496)10/16/2000 1:10:22 AM
From: KeepItSimple  Read Replies (1) of 436258
 
Which is why the government will claim that any means necessary were justified in keeping the bubble alive. (BLS forging statistics, etc) The very essence of the worlds economic system is walking a tightrope. LTCM proved that without a doubt.

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That's just sickening - that nearly equal amounts of money were spent on the paper of a single, relatively unknown company and the entire sum of goods and services in the United States. Put another way, the cash exchanged for slices of the company was roughly 5,000 times the *sales* that company did that day, or some 20,000 times the income they earned that day.

We are in deep, *deep* trouble...
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