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

To: pater tenebrarum who wrote (70024)	11/3/1999 3:05:00 PM
From: Mike M2	Read Replies (3) \| Respond to of 132070

Heinz, the economic fundamentals of the US boom in the 20s and the Japanese boom of the 80s were much stronger in terms of the rate of growth of GDP, productivity, savings rate, balance of trade. During the 20s the US gov't budget was truly balanced and they reduced the national debt by 30%. The current accounting methods and gov't stats are the most misleading in history IMO . This boom will end in TL & EV as all prior booms. ho ho ho BTW is there an English translation for Heinz ? You seem to be very well informed and I agree with much of what you write- now if only the market would cooperate -g-. Mike