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

To: Thomas M. who wrote (89599)	2/17/2001 10:10:50 AM
From: Knighty Tin	Respond to of 132070

Tom, We will never know how little is too little until after the crash. I just have a queasy feeling about a 1.2% reserve ratio. Isn't that just about what LTC Group had? I am not nearly as worried about the entire system imploding, though that is always possible, as I am that any room to stimulate growth has been taken out. In other words, you have let out the waist band on these pants from 32 inches to 50 inches and there is no more cloth. The next sound we hear could be a seam tearing. <g>