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To: pater tenebrarum who wrote (11799)8/17/2000 1:36:56 PM
From: chic_hearne  Read Replies (1) | Respond to of 436258
 
Re: imo they can keep it up forever, unless hyper-inflation breaks out and you need a wheelbarrow of money to buy a loaf of bread.

heinz, it almost takes a wheelbarrow full of money to buy a house. Same with those that rent. You can't hide this forever, something has to give. The bubble just keeps inflating as people pull out bigger and bigger loans for homes that are worth 5 times what they were worth 10 years ago.....



To: pater tenebrarum who wrote (11799)8/17/2000 1:46:49 PM
From: Les H  Read Replies (3) | Respond to of 436258
 
Their productivity survey is an outright joke. Their survey response has been steadily decreasing. It's now below 50 percent. One would have to think when the economy is going full bore, companies would have little time to bother with a government survey. They don't even compare output to hours paid. It's hours on the work which they claim is 90 percent of hours paid. If one is overtime as an exempt, hours worked is often a superset of hours paid. Again, this would tend to get understated as the economy gets hotter. The real return on labor should be basis the fully burdened labor rate.