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To: CYC who wrote (15838)9/5/2000 9:32:16 AM
From: LLCF  Respond to of 436258
 
<. Its collapse, IMO, has much less to do with the American ways than what some politicians are claiming for.>

I too am amazed at how many republicans with 'far away eyes' blather on about how Regan defeated Russia and caused it's collapse thru defense spending... what a joke IMO.

<Nevertheless, the sense of victory, dominance, and superiority could very well sink into the mind sets of Americans
subconsciously, which help reinforce the complacency that we are witnessing everywhere today.

Having said that, I am not accepting any of the new-era crap proposed by AG and other bubble masters. As I said earlier,
when the economic, social, political, and psychological tides are out of sync, the game will be over.>

My feeling exactly... more psychological than concrete... I think this issue is born out in the 'savings' numbers, ie. people spending money they don't have. I believe the market will prove what's correct or not in the end... we just wait and enjoy.

DAK