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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (107202)6/7/2001 11:49:10 AM
From: Perspective  Read Replies (1) of 436258
 
If you didn't notice my post from yesterday AM, I'd appreciate it if you could take a peek at it. I'd be curious regarding your thoughts.

The biggest messages are that

1) Greenspan is easing, and will continue to ease, because it is the only thing he CAN do in the position he now finds himself.
2) While it causes the debt bubble to grow moderately larger, the negative impact going forward may actually be less than the negative impact of the capital goods and consumer booms unwinding concurrently. By attempting to separate the two unwindings, the overall impact may be reduced.

This may be obvious to some, but the light bulb just recently kicked on for me.

Message 15902438

BC
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