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To: niceguy767 who wrote (50052)8/6/2001 4:15:47 PM
From: Bill JacksonRead Replies (1) | Respond to of 275872
 
ng, Well, I take what a leading German bank says with a large grain of salt. It could be a sour grapes commentary to try to help the linked european systems that resolutely refuse to let market forces rule as they keep their old ways intact.
Look at berlin, still decayed after quite a few years of chances to rebuild. No cutting away of the beurrocratic fat there.
German unions remain with their feet stuck in the mud and insist on wage gains beyond what german can afford as a nation.
There is the real crash coming, germany and the rest of Europe.
USA? We're OK

Bill



To: niceguy767 who wrote (50052)8/6/2001 10:33:23 PM
From: Mani1Read Replies (1) | Respond to of 275872
 
Re <<Risks of a Equity Crash High-Dresdner>>

I read that article over the weekend. Interesting, I guess.

Tomorrows CSCO numbers should be the last nail in the coffin for the second half recovery.

But of course it could be so bad, that it will be interpreted as the bottom and the market rallies. Who knows?

Mani


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