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Strategies & Market Trends : Did You Say Something?

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To: ig who started this subject	7/17/2002 5:15:42 AM
From: ig	of 16

Greenspan Blowing Bubbles: Tradermike Message 17746006 "The stock market is in a bear market and the economy is in a slump for one reason: we are suffering from the unwinding of a speculative bubble that was fueled by Alan Greenspan successive bail out programs on behalf of international bankers who never knew a bad loan when they saw one. In order to bail them out he created money and credit that ran out of prudent investments in the real economy to flow into. So all of that money flowed into the stock market and created a bubble."

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