Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (17063)	3/20/2002 11:42:41 AM
From: JBTFD	Read Replies (3) of 74559

<<Don't confuse me with the facts, eh, Mark?>> Facts, what facts? The only so called fact in that article is that if you take 5 year income averages and do some statistical hocus pocus to buffer out what he calls the business cycle's effect, that debt service ratio now is 1% less now than in 1980, when interest rates were close to all time highs. The difference between you and me is you want to believe, so you are willing to take at face value some article presenting your world view. I could quote many other articles to the contrary, but I can tell from your response to the 1 wage earner vs 2 wage earner point that you are not open minded, but fixated in your point of view. Did you know that the dow first hit 100 in 1916, and didnt finally leave 100 behind until 1942?

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