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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (13533)2/26/2002 11:08:35 PM
From: Ahda  Read Replies (1) | Respond to of 81310
 
Hope you are okay, Tom. I sit here thinking first we had a tech bubble the tech industry was suppose to increase our nations strength, pop went the balloon.
Now we have a house buying bubble and this one looks more apt to fail in my mind then the tech bubble did.
I suppose there is a great deal of capital being generated right now in the mortgage banking world, but I don't quite understand how this will continue if wages don't go up considerably, to meet cost of house purchase.
Rumor driven market like today one rumor and the market want to drop. This is of course a strong market. We are all so very sure this is not a recessive economy we have here that the winds whispers and the markets drop.
Of course the communication sector is how we move across the world to keep in contact with suppliers etc. And I guess those figures are showing how creative problems arise in too creative art.
Enron do we really want to put our fingers at one person here of do we really know how difficult it has been for solid companies to achieve earnings. I don't think we really want to know how creative we had to become.
AG when he speaks if he discuses how well we are doing due to housing I think I will get sick.
The non trader for a living crowd has left the market and there is a wee answer in here that property looks pretty solid compared to tech, but to me it is the same bubble developing from the timers in that group of people who moved to a different sector. Heck what do I know.