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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AllansAlias who wrote (91368)4/7/2001 12:08:18 PM
From: Mike M2  Read Replies (1) of 436258
 
Allan, the significance of the loss of paper wealth vs GDP is significant because the prior wealth effect had a profound impact on the savings rate, willingness to take on debt, pattern of consumption, trade deficit through increased demand for imports. mike
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