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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (39646)10/15/2003 11:48:46 PM
From: Cogito Ergo Sum  Read Replies (1) of 74559
 
Hi Jay,
on money that is spoken for LOL... my dad at 68 is still saving up for when he gets old... Now that's he's retired he cracks me up when he says... <<you know I'm on a fixed income now...>> so not too much dissipation there..

) I think the wealth transfer won't be as rapid or of such magnitude as you predict. Was I being too polite :o) but I don't think it will all be dissipated either, like everything what eventually happens will likely be not quite as good or bad as folks expect. I guess AC is looking at te rosiest scenario and I have to wonder though if there are many more expecting a windfall or are there many more going to get just wind and then fall ;o)

Also remember AC is also a doomster, he's just got a longer fuse :o)

Sir John ...http://www.investorshub.com/boards/read_msg.asp?message_id=1587343

regards
Kastel
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