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

To: AC Flyer who wrote (20476)	6/28/2002 9:45:39 AM
From: Box-By-The-Riviera™	Respond to of 74559

I will embrace it when those who have it begin to breathe their last and sell at any price.

To: AC Flyer who wrote (20476)	6/28/2002 9:49:42 AM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi ACF Mike, <<debt>> More funnies ... dailyreckoning.com Mogambo's "Unholy Appetites" <<And what are we buying from them? Consumer goods. What are we selling to them? Capital goods to make the consumer goods that we consume. This is more disaster. That the manufacturing base of this country has been, to use the popular term, "hollowed out," is no secret. We don't produce, we consume. The populace is consuming final production by consuming future income, and the government is consuming the consumers.>> <<- In an interview on the Daily Reckoning website, Dr. Richebacher noted that last year the national income grew by $178.6 billion, but debt increased more than $2 trillion. People are buying stocks in an economy where debt increased more than ten times as fast as income?>> Chugs, Jay