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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (84627)	10/28/2000 10:15:44 AM
From: robnhood	Respond to of 132070

Don't forget the S&L's..

To: Freedom Fighter who wrote (84627)	10/29/2000 4:18:19 PM
From: Andy Thomas	Respond to of 132070

that's right... the banks will collapse but the bankers will never pay for it... those bastards will be back in business before we know it. andy

To: Freedom Fighter who wrote (84627)	10/30/2000 12:11:49 AM
From: Tim McCormick	Read Replies (1) \| Respond to of 132070

The free market counterbalancing mechanism to the moral hazard created by the "too big to fail doctrine" is postponed by the US dollar's hegemony of being the world reserve currency. This world reserve currency status could crumble much more quickly than even most doomsayars expect. Humpty's reassembly will prove elusive when the productivity miracle is unmasked as a mania driven capital formation cycle. A low cost of capital made us all bow down to the Japanese in the 80s, O how we forget.