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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: oldbox who wrote (116698)12/16/2000 1:05:48 AM
From: Neocon  Respond to of 769670
 
You are right enough, but I am assuming no large fluctuations in the money supply, and if investment becomes more efficient(which is part of my hypothesis, not just inventory control), there will be no large debt right offs. It is true that there will always be the possibility of shocks that cannot be easily adapted to, which might produce recession, for example, long term disruptions in the oil supply. Anyway, I will consider your objections further as I refine the hypothesis......