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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: edamo who wrote (96046)	4/18/2001 8:08:59 PM
From: LLCF	Read Replies (1) \| Respond to of 436258

<your view is short sighted, step back and take a historical view of about thirty years....are you or is the overall economy better off now then in 1973...? > LOL, nice of you to pick such wonderful date... btw, it depends who you ask no?? It's a well known fact that blue collar "line" workers have lagged inflation badly for decades. Using "average" numbers spewed by people doing broad comparisons are very deceiving IMO, ie. should Bill Gates income be tossed into 'average earnings'? DAK

To: edamo who wrote (96046)	4/18/2001 9:49:24 PM
From: $Mogul	Read Replies (3) \| Respond to of 436258

"average per capita savings of equivalent USD$ 80k... japan and usa economies are not comparable...different basis, usa is a consuming service based economy, japan is a savings, production based economy." Exactly, and here in the US we have A NEGATIVE SAVINGS rate, and people are already leveraged to the max...lower rates can't help when your house, credit cards are to the brink, bankruptcies will be at all time highs by the end of the year..... tax cut will only help people pay there increased bills..sorry thery won't be consuming like the analysts have touted.... derivities are at all time highs again...and financials are fully levereged..... you sir are about to see the begining of a revcession..and i hope you enjoy it..becase it is people like you who have there head in the sand, unaware of what is really going on, and think everything is jsut fine..happy as a peach. The facts and figures don't lie, Fed is in panic mode ..get over it... RECESSION is IMMINENT as called in January. Good luck to you ..long tech..roflamo, you officially get the Clown of the day award.