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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (6900)	11/9/2001 11:24:50 PM
From: Chip McVickar	Read Replies (2) \| Respond to of 8150

>>A lot of the really bearish predictions I see on some of these threads ignore the fundamentals of economic history. They see the Dow say, falling below the peak leevls of 1929 in inflation adjusted terms for example (or worse). That just ignores population growth and the real economic growth that has occurred over 70 years as well as a natural deepening of the capital markets that occurs over the course of development.... << Can't imagine why the bears would be so proud of saying... "See I told ya so, it's 1929 all over again." Only way we'll get there is for bin bin to have something else planed. Hate to say it..., but if we go into hyper inflation or financial deflation..., gold won't be worth much..., but soap, candles, sugar, boots and salt will be..!