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Politics : Ask Michael Burke
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To: BGR who wrote (96458)7/2/2002 8:52:56 AM
From: Mike M2  Read Replies (1) of 132070
 
BGR, my idea of TL & EV is that all the indices get cut in half from current levels ( just an estimate). I suppose that might push unemployment to double digits as capital spending is cut further in response to the corporate profit implosion and the over indebted consumer curtails his consumption. If the financial markets can stabilize and the economy can ( at a minimum) float along with near zero growth for the next two years thereby escaping TL & EV then I will admit that I was a complete FOOL and IDIOT - honestly and encourage you to remind me of this statement . Mike
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