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To: MythMan who wrote (95699)4/18/2001 11:55:12 AM
From: benwood  Respond to of 436258
 
The illusion that when we have averted one crisis, we've averted them all is how great suckers rallies are born. Might as well enjoy the ride while we can!



To: MythMan who wrote (95699)4/18/2001 11:57:38 AM
From: Mike M2  Respond to of 436258
 
Yes, I do not see a happy ending to this. Once the US $ gets TL - game over. Dr. R ponted out that the US had a savings rate of 4% at the time of LTCM melt now savings rate is negative so we will not get that consumption boost. You must have patience -g- mike ho ho ho


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