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Politics : Ask Michael Burke

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To: Hawkmoon who wrote (87510)	12/23/2000 2:39:53 PM
From: Skeeter Bug	Read Replies (1) of 132070

>>Because we were on the verge of a fiancial collapse due to the irresponsible action of one particular hedge fund, as well as bad debt accruing in Asia that collapsed financial confidence in that region.<< you mean the super tanker us economy is beholden to one hedge fund? think about the irony here. i think the term is cognitive dissidence (sp??) when someone wants you to believe two things that are mutually exclusive. a new economy or a super tanker economy can't exist if it is beholden to a single hedge fund. ron, why is that you complain about bad policy on the way up, but not the way down? btw, some asian countries had piss poor credit management, too. that led to the meltdown over their. the debt of a number of their major companies is astronomical. alan.com makes the decisions. i critique them based on my view. he lowers too much then he might have to raise too high. double digit monetary "inflation" has its bad side, too. we will see what happens.

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