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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: Don England who wrote (926)3/3/2001 11:54:39 PM
From: Edmond Katonica  Respond to of 23153
 
Your paragraphs are a mess. But what hell



To: Don England who wrote (926)3/4/2001 9:48:00 AM
From: Telemarker  Read Replies (1) | Respond to of 23153
 
Don, IMO you're light years ahead of most. Your paragraph about Dent's forecasts vs. what's actually going on now vis-a-vis our money supply/credit expansion and the Fed's seeming acceptance of the hedonically manipulated production and growth numbers seems to put your fingers right on the big picture pulse.

Sure wish I had a clear view of how this will all be resolved. But had this bubble never been created in the first place, and had the decision making process of so many in the marketplace not been so adulterated by the "prepetual put", and had valuations thus not gotten so out of hand and, on an on.....I'd be quite bullish right now. We didn't need all that crap that went on, It was by far the most ridiculous bunch of BS I've ever seen.

Perhaps I'm missing something about how the demographics will easily sop up all the liquidity and how the productivity miracle really supports that we've been on the right path all along, but I'm highly skeptical - especially when Greenspan cites the views of sell side analysts to support his theories!!!

So, put me in the confused camp also.

Best Regards,
TM.