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To: Monty Lenard who wrote (45773)1/2/2001 7:04:03 PM
From: chic_hearne  Read Replies (4) | Respond to of 77400
 
AG may have very well lost control. Remember Japan went to 0% apr and it did not help. It is a mental thing and people will not borrow money if they think they cannot pay it back (for the most part) and ANY interest rate.

I just ran across this link also. Looks like aggressive rate cutting in '29 was also no help.

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