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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Ilaine who wrote (4332)6/5/2001 7:27:27 PM
From: Seeker of Truth  Read Replies (2) of 74559
 
I think you have made a very good point. There is much more share equity around because private businesses have become public on a big scale. Since the data on private businesses was not available in the old days, we are not comparing apples with apples when we say that the EQUITY/GNP ratio is much bigger now.
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