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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?

To: Master (Hijacked) who wrote (51)5/24/2000 11:30:00 PM
From: Mama Bear  Read Replies (3) | Respond to of 494
 
Vince, so Mr. Greenspan should have left the market to its own devices in October of 1998, right? You can't have your cake and eat it too.

Regards,

Barb



To: Master (Hijacked) who wrote (51)5/25/2000 3:10:00 AM
From: Scumbria  Respond to of 494
 
Vince,

On the other hand, it also presents an opportunity for anyone with entrepreneurial ambitions (and America is full of ambitious entrepreneurs) to start a new business in order to meet that Demand.

Only if there is capital to finance the entrepreneurs, which implies the possibility of the VC making lots of money. VC's do not see that as an option under the current monetary policy imposed by the Feds.

Scumbria


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