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Pastimes : The Big Picture - Economics and Investing
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To: Skeeter Bug who wrote (648)11/3/2000 11:55:48 AM
From: Arik T.G.  Read Replies (1) of 686
 
I agree that hedonic pricing and the stock market bubble, zero savings etc. all come from the same state of mind, not unlike what the Japanese felt in 1989 when they competed among themselves who buys the most conspicuous and expensive building in Manhattan.

ATG
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