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Pastimes : Alan Greenspan MUST GO: -- Ignore unavailable to you. Want to Upgrade?


To: chojiro who wrote (316)3/22/2001 3:51:53 AM
From: Master (Hijacked)  Read Replies (1) | Respond to of 494
 
"As far as the "destruction of the markets"; we did it to ourselves. "

Have you been living in a cocoon for the past year? Do you recall a speech by Greenie about a year ago which started this whole mess?

Do you believe in a free market system.

Do you understand the economic principle of Supply & Demand?

The market has a way of correcting itself. Overvalued stocks will eventually adjust themselves as "INVESTORS" stop buying. While undervalued stocks will increase as more INVESTORS demand those shares.

What Greenspan did was criminal. He artificially destabilized the economy by attacking the free-market system. Now, please explain how WE are to blame for what his Royal HighnASS did.