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To: Efthymios H. Zacharias who wrote (21134)9/23/2000 1:47:23 PM
From: Lucretius  Respond to of 436258
 
yep



To: Efthymios H. Zacharias who wrote (21134)9/23/2000 3:07:29 PM
From: Efthymios H. Zacharias  Respond to of 436258
 
From the current issue of The Economist

<<A crash in share prices would make a serious if temporary dent in America’s economy, even though the underlying economic benefits of IT would continue. Stockmarkets in many other economies are overvalued too, but a bursting of the bubble would claim many more victims in America than in Japan or Europe, partly because far more people own shares and partly because in recent years American households and companies have borrowed huge sums in the expectation that share prices will continue to climb. Sooner or later they are likely to discover their mistake.>>

economist.com



To: Efthymios H. Zacharias who wrote (21134)9/23/2000 6:12:20 PM
From: XBrit  Respond to of 436258
 
<<Noland sure sounds confident this week.>>

And relatively lucid. I think he may finally have found the right combination of medications -g-

Seriously, it was one of his best columns.