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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Freedom Fighter who wrote (64041)7/6/1999 9:31:00 AM
From: Mike M2  Read Replies (1) | Respond to of 132070
 
Wayne, I'm not sure but the "nonsense" may have been started by Milton Freidman . I think a good book to track down would be Alexander Dana Noyes ( NYT)" The Market Place: Reminiscences of a Financial Editor" he was a gloom & doomer -before the crash like some people I know -g- HO HO HO It is also interesting to note as the 20's boom progressed increasing amounts of debt were used for speculative purposes as suggested by the debt/GDP growth ratio. Mike