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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Moominoid who wrote (25233)11/9/2002 7:02:54 PM
From: TobagoJack  Read Replies (3) of 74559
 
Hello David, <<... if you save the income that your capital generates then in the long-run you will easily beat that real return>> Savers earning off debtors, and investors earning off investees, until default, bankruptcy, Argentina, Brazil, Enron, Wcom, ... finally, as in the airline industry, having never earned an aggregate cent since the beginning of time.

When in doubt, stretch the time span, and the truth emerges.

Chugs, Jay
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