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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (6879)	8/8/2001 10:19:34 AM
From: Moominoid	Respond to of 74559

Jay - thanks for your response. I was using "civilization" as used by historians, archaeologists etc use the term. So I saw the Cultural Revolution and Pol Pots Cambodia in a more extreme case as anti-civilization where there is an attempt to pull down the superstructure that is built up on top of the peasants and the rural society which is really what those guys mean by civilization. Of course it was an organized social movement not a complete anarchy. David

To: TobagoJack who wrote (6879)	8/8/2001 10:17:01 PM
From: westpacific	Read Replies (1) \| Respond to of 74559

"Once stock prices reach the point at which it is hard to value them by any logical methodology, stocks will be bought as they were in the late 1920s – not for investment, but to be unloaded at a still higher price. The ensuing break could be disastrous because panic psychology cannot be summarily altered or reversed by easy-money policies." Alan Greenspan, 1959 Supplied by Prudent Bear - thank you. All the best West