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To: pater tenebrarum who wrote (123535)4/11/2001 9:17:52 PM
From: Victor Lazlo  Read Replies (1) | Respond to of 164684
 
<<don't forget, their bust is now 11 years old...the US bust is one year old, when measured from the market peak.>>

now you're really backdating the argument, as well as your wavelength theory!

<< the government surplus will soon be a memory imo...no more cap gains revenues for instance. >>
heinz, brace yourself: for your information, there is no surplus now. It's borrowed from the Soc Sec Trust Fund.

<<private sector debt is at incredible heights >>
so is corporate cash. If you check money market cash figures, you'll see they've been skyrocketing for a while... like for over 6 years....

heinz, you are just trying to force every econ indicator into your wavelength theory. I don't buy it.
Victor