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To: Zeev Hed who wrote (56692)10/5/2000 12:02:56 AM
From: Jim McMannis  Read Replies (2) | Respond to of 93625
 
RE:"Where did he get 2%, treasuries are paying around 6%, and for the next 10years, 6% may look sweet relative to a market return like in the period of 1966 to 1982 (no returns)."

2% is a well known rate of return on social security money paid in since it's inception...



To: Zeev Hed who wrote (56692)10/5/2000 12:38:28 AM
From: jim kelley  Respond to of 93625
 
Scary isn't it? We just have to hope that their staffs are going to be magna cum laude graduates for the arithmetic and experienced professionals for the real life politics of war, peace, business etc.


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