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To: pater tenebrarum who wrote (75273)	11/12/1999 7:17:00 PM
From: Lucretius	Read Replies (1) \| Respond to of 86076

a qtr will be enough. the patient was put on life support last Oct w/ 3 rate cuts. a qtr hike would take those away (or pull the plug, if you will) NOthing fundamental has changed. the leverage in the systme has not been removed (in fact, it increased) it was simply transferred to different players and amongst many more numerous ones so that a bailout like L-T capita is impossible due to the sheer numner of leveraged specs (ala the American people and enormous margin, credit card, and mortgage debt) the fundamental economic problems have not been solved either. the patient will flat line again, and this time... there is no life support machine to revive him.. he just DIES.