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Strategies & Market Trends : The Stock Market Bubble
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To: Tommaso who wrote (1765)9/24/1998 2:49:00 PM
From: Sun Tzu  Read Replies (1) of 3339
 
I remember a quote from (forgot her name, but she's Greenspan's second in command) that the level of margin buying of stocks was not substantial enough to be a danger. I think the bigger danger is in the level of participation because this can turn a moderate financial crisis into a big economic crisis.
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