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


To: Mike M2 who wrote (74161)1/20/2000 11:12:00 PM
From: BGR  Read Replies (1) | Respond to of 132070
 
A quote from that excellent article:

What is that factor? A little reflection will reveal that it must be debt. If the first visible effect of a panic or depression is the deflation of debt; then debt must have caused the panic or depression.

My extrapolation:

If the first visible effect of a snowstorm is slowdown in traffic; then traffic must have caused the snowstorm.

Sounds right, Mike?