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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: NickSE who wrote (5905)2/1/2000 7:28:00 PM
From: Lucretius  Read Replies (2) | Respond to of 42523
 
roflmao... this country is sick.. i'm moving.



To: NickSE who wrote (5905)2/2/2000 12:54:00 PM
From: NickSE  Respond to of 42523
 
Rubin warns of risks to new economic paradigm
biz.yahoo.com

LONDON, Feb 2 (Reuters) - Former U.S. Treasury Secretary Robert Rubin said on Wednesday the belief the world had entered a new economic paradigm of uninterrupted prosperity risked unwarranted complacency among investors and policymakers.

Speaking hours before the U.S. Federal Reserve announced its latest decision on interest rates, Rubin questioned whether a move to the information-based economy had rendered traditional concerns about periodic economic downturns irrelevant.

``This view of the economy is contrary to all of human history with respect to markets and economies, and that should be a sobering caution,' he said in the text of a speech prepared for delivery at the London School of Economics.

[...]