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To: Rarebird who wrote (38237)8/3/1999 8:29:00 AM
From: Bobby Yellin  Read Replies (1) | Respond to of 116759
 
thanks so much for providing such great information

search.news.yahoo.com
when I get a chance I always check to see what is happening in layoff news.. just seems that the dire warnings about short labor supply..
and fed tightening don't necessarily take those announcements into
consideration unless one is focussing on low paying jobs..yes..
there are a lot of entrepeneurs and self owned businesses..but somehow
I don't think the majority are making the owners flushed with cash
also re earnings rise-I question how many of these employees have
rising costs in paying insurance premiums etc..also if the market
does it correction-how many will be affected who get part of their pay in their company's stock options..



To: Rarebird who wrote (38237)8/3/1999 10:14:00 AM
From: long-gone  Respond to of 116759
 
Think about it, perhaps the effects of the manipulation was not as great as the effects of deflation related to recent loss of life from epidemic disease.

After all, the total loss of life today was less than the total loss of life in 1910's and the overall deflation today has been less than that during the great depression.:

11,700,000 lives lost to date due to aids(as of 1997 - source W.H.O.).



A quick-change artist, the flu virus can be mild one year and deadly the next.
A Year of Living Dangerously
By Lori Wark

Caskets lined the streets like wooden mountains. Men pushed carts looking for bodies as families decorated doorways with mourning crepe – white for a child, black for the middle aged and gray for the elderly.

No one was safe.

The flu continued its deadly circle of the globe. By the time the disease beat a slow retreat in November 1918, at least 21 million people worldwide had died, 600,000 in the United States alone. In 10 months, more people had died in America from the flu than in combat in all the wars of this century.

discovery.com

Perhaps it's(in part) a relationship between the rate of increase in natural resource production technology(supply) Vs decrease in life due to disease(demand).