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 (20577)	6/29/2002 8:30:01 PM
From: TobagoJack	of 74559

Hi ACF Mike, <<Given that the US savings rate is now 3.1%, I would say that this proves that it isn't how big it is, it's what you do with it that counts>> The 3.1% will prove to be bubble fiction. What savings there was and will be, for a while longer, will be used to fill the void left by the bubble, and hopefully the rest will be invested wisely, in an environment created post-Greensputin. Gene Epstein has yet another explanation for what went right, then wrong, and then missing ... but not in Zimbabwe;0) Message 17674351 Chugs, Jay

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