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

To: MythMan who wrote (71361)	12/3/1999 10:07:00 AM
From: Mike M2	Read Replies (1) \| Respond to of 132070

MM, as mr. would say do not bet against multibillion dollar companies. -g- AG would not care if the mkt gains 10% in the month of Dec. - would not surprise me. It is obvious that much of the money supply expansion ends up in the mkt. As Mises said " there is no means of avoiding the final collapse of a boom expansion brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved." it is foolish to expect our leaders to do the right thing ( prick the bubble" they are going for broke! The end result will be severe TL & EV. Mike