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Politics : Formerly About Applied Materials
AMAT 328.51+1.9%Feb 2 3:59 PM EST
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To: robbie who wrote (18898)4/20/1998 1:30:00 PM
From: Tom O'Brien  Read Replies (1) of 70976
 
Average retirement at 50?

reminds me of something that Mark Twian wrote in "Life on the Mississippi." Seems that the mississippi river is getting shorter - as time goes on it changes course and straightens out.

He said that at the current rate of shortening, by year 2000 the whole river it would only be 4 inches long.

When everyone retires at 50, who is going to do the work? Shows how smart congress is.

But it would create a bubble in the market. Which would eventually burst because of overvaluation.
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