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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Ilaine who wrote (27881)1/26/2003 1:18:16 PM
From: Mike M2  Read Replies (1) of 74559
 
CB, what do you call the dot.con, telecon, fibercon, semiconductor sectors - I see them as micro boom that went bust . I doubt Milton Friedman would argue that unlimited credit would have saved these sectors. Japan is a modern day example of the boom/ bust or perhaps you still hold the view that all is well in the land of the setting sun. BTW I bought Bernanke's book but haven't read it yet. mike
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