Greenspan, Rubin & Co - the Most Irresponsible Team Ever?? Message Board

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Non-Tech : Greenspan, Rubin & Co - the Most Irresponsible Team Ever??

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To: The Duke of URL© who wrote (166)	3/24/1999 9:46:00 AM
From: Thomas M.	Read Replies (1) of 309

gopher.uconn.edu In particular: gopher.uconn.edu ... speculative blow-off"- the third phase of the Kondratieff Wave. The speculative blow-off lasts a decade-or-so and involves price disinflation, general euphoria, heightened consumption and investment activity, risky speculation, excessive debt accumulation and other such financial excesses ... Fortunately, none of that is going on right now. <g> Tom

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