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


To: Don Lloyd who wrote (15067)2/15/2002 1:00:57 PM
From: NOW  Respond to of 74559
 
the same argument is often made about the next great earthquake in Japan being the catalyst for their recovery...



To: Don Lloyd who wrote (15067)2/15/2002 3:48:15 PM
From: LLCF  Read Replies (1) | Respond to of 74559
 
<So, knock down the Empire State Building and we can further increase our economic output. >

IMO, this is the whole problem with economics as practiced by WS... and even more widely in general. If you cut down a forest, WS sees an increase in GDP EVEN IF the whole thing was sold for a couple bucks.

dAK