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Politics : The Republican Crash 1999

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To: WTSherman who wrote ()12/14/1998 1:58:00 PM
From: Cynic 2005   of 609
 
<<What do you think the repercussions on the stock market, world economy and foreign affairs will be if Clinton is impeached and put on trial in the Senate?>>
If one chose to skate on thin-ice and falls in to the icy water below, blaming the icy water underneath the thin ice won't help. Just like the leader, many Americans seem to bypass the consequences of their actions. Well, I don't exactly blame the masses for believing in "bull market forever" Wall Street hype. On a second thought, heck I do! I was always taught, "if something looks too good to be true, it probably is!"
Clinton and congress are just the catalysts. All this bubble needs at this time is a pin or two. Helium is provided by (a) irresponsible Fed actions; (b) liquidity created by excessive leverage; (c) overinvestment in almost all sectors; (d) unrealistic expectations by masses; and (e) possibly manipulative (stock market) administration. Just my thoughts!
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