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To: Moominoid who wrote (58616)1/17/2001 12:15:13 PM
From: LLCF  Respond to of 436258
 
<No depression is coming and I doubt even a real recession in terms of falling GDP. Sharp slowdown sure. >

At least you're putting your money where your mouth is... good luck, me too... on the other side.

DAK



To: Moominoid who wrote (58616)1/18/2001 1:28:38 AM
From: Perspective  Read Replies (1) | Respond to of 436258
 
Every bubble has produced a dismal economic period that followed it. No matter how much this country full of clowns pats itself on the back, it is no different from Japan 1990 or US 1930. Extreme inflation of any kind, particularly asset inflation, is a very bad thing. And too much credit expansion for too long results in money-losing investments and a period of sub-trend credit expansion. Period. Nobody can change that, not even Greenspan.

Stock up on them canned goods, there's a cold K-winter gale startin' to blow even now...

BC