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Politics : Ask Michael Burke

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To: Earlie who wrote (43650)	1/16/1999 12:54:00 PM
From: heraclitus	Read Replies (1) of 132070

From Fleck's latest (appologize if previously posted) >>Bulls prepare for Nirvana... If you take all of these events to their logical conclusion, the most bullish thing of all would be this: We've already had the bubble blow up Asia, Russia and South America, so we just need to figure out a way to blow up America and Europe. Then the Fed could take rates to zero, the stock market could trade at some big number like 50,000 on the Dow, and every American could be a millionaire, quit his or her job, and sit home all day and trade Internet stocks. We finally would have reached Nirvana - this would be the true meaning of heaven on earth. I guess that's what the bulls have in mind for what happens next, because certainly economic fundamentals have zero to do with anything these days.<< homer

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