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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (3611)5/13/2001 12:55:19 PM
From: smolejv@gmx.net  Read Replies (2) of 74559
 
>>...they do serve to remind us that politicians can - and will - turn an economic crisis into an economic catastrophe.<< Gosh, you got a point here. The shot from "Rosemary's baby" (unexorably) comes to me in such moments - when she cries out "I'm not dreaming, it's really happening to me".

The thought that hunts me now and then - and this is central, not tangential, because I feel it is asking the right things for the times after -: what is growth and what is already cancer? How much growth is good and how much is bad? why's 2.1% growth in Germany so bad? Why does it have to be positive ("For Chrissake, who's this idiot...";)?

Growth is a loaded word, it has many more aspects than just the GNP and take home pay and inflation. What about number of pages of books read? Of single mothers below 12? Community hours done. AIDS cases cured...
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