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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (49291)4/2/2002 9:17:55 AM
From: Jim Willie CB  Read Replies (1) of 65232
 
telecom debacle was 5-6 times as large as Enron
the dotcom debacle was 2x as large as Enron

the trouble is basically that US investors are clueless
illiteracy is rampant
no understanding of either economics or accounting
no clue as to what inflation is or where it comes from
no clue on true earnings or methods of accounting deception

a scarey article
financialsense.com

where was the press during the dotcom disappearance of $200B ?
the big difference was who lost
the dotcom losers were under 30 yrs old
/ jim
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