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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Mark Fowler who wrote (9746)11/26/2001 3:14:22 PM
From: Bill Harmond  Read Replies (3) | Respond to of 57684
 
>>AG was way behind the curve.

Boy was he.



To: Mark Fowler who wrote (9746)11/26/2001 5:57:18 PM
From: Oeconomicus  Read Replies (1) | Respond to of 57684
 
AG was way behind the curve.

So, if the economy peaked in March, might have avoided a "full-blown downturn" if not for the 9/11 attacks, and AG started cutting rates two months before the beginning of a downturn that might have been avoided if not for an event six months later, then was he "behind the curve" because:

A) he only predicted the downturn and acted two months in advance,

B) he didn't predict a massive terrorist attack that made it an actual recession, or

C) you need someone to blame?