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Pastimes : Ask da_cheif
MVIS 0.850-3.4%Jan 23 9:30 AM EST
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To: Chip McVickar who wrote (6892)11/5/2001 5:46:31 PM
From: Moominoid  Read Replies (1) of 8150
 
A lot of the really bearish predictions I see on some of these threads ignore the fundamentals of economic history. They see the Dow say, falling below the peak leevls of 1929 in inflation adjusted terms for example (or worse). That just ignores population growth and the real economic growth that has occurred over 70 years as well as a natural deepening of the capital markets that occurs over the course of development....
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