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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Lucretius who wrote (248957)7/9/2003 10:25:57 AM
From: Jeff Jordan  Read Replies (1) of 436258
 
well, if the market is overvalued and gets more overvalued ahead of actual earnings....Greenspan will have to raise rates to attract interest in his paper? Wait that won't work...we're a debtor nation not savers. But saving never helped Japan?

I think we need a new accounting system? So we can value earnings and growth we don't have yet or may never have? (I think we can get some more ideas from the fine folks at enron and wcom?)
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