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To: pater tenebrarum who wrote (58974)8/27/1999 8:43:00 AM
From: KeepItSimple  Read Replies (2) | Respond to of 86076
 
well, spending rose twice as fast as personal income, as per the numbers released 5 mins ago.. still a big negative savings rate.

all this means FULL STEAM AHEAD with the stock market!

god bless this mania



To: pater tenebrarum who wrote (58974)8/27/1999 8:47:00 AM
From: clochard  Read Replies (1) | Respond to of 86076
 
Heinz, the trigger for the BK will be found in the financial system. Brady bond defaults, derivative crashes, Bank ONE's, etc. are the kind of causes. The stock market is just the effect of all this excessive largesse.