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To: pater tenebrarum who wrote (53283)1/3/2001 12:25:06 PM
From: yard_man  Read Replies (2) | Respond to of 436258
 
I think of the growth of the financial industry itself here -- think of all the new service jobs created that are going to disappear -- of what overall future productive benefit are these new businesses now as we head into the "slowdown"?

Coming to a corner near you ...

"Have brokerage license -- will do your taxes for food"



To: pater tenebrarum who wrote (53283)1/3/2001 1:04:18 PM
From: LLCF  Read Replies (1) | Respond to of 436258
 
Yes, according to the theory: "The severity of a recession is dictated by the intensity of the previous boom brought about by monetary pumping and the associated artificial lowering of interest rates ie. by the percentage of 'false activities' from total activities."

We're in for a whopper.

DAK


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