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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Jim Willie CB who wrote (15399)11/13/2000 1:00:08 PM
From: limtex  Read Replies (1) of 65232
 
JW - I don't know the exact numbers but the increasein the oil price which hits the US, Europe, Japan, Korea, Asia etc will have a massive deflationery effect.

We have learned nothing from the last couple of times that OPEC threatened the propserity of the West, absolutely nothing.

And until we do we will continue to have growth affected by it.

We also have Mr Greenspan who was made to look a bit absurd for the last few years as he clearly didn't expect the tech gains to the economy. Now do you expect he will allow that to happen again.

At what point do you think he will be happy to ease up?

How many millions of unemployed?

Lets have a number.

Best regards,

L
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