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To: russwinter who wrote (22824)5/21/2003 11:06:36 AM
From: JustInTime  Read Replies (1) | Respond to of 206092
 
>>I wish someone would explain to us how Joe Sixpack borrowing an extra $50k out of his house to buy Chinese goods, contributes to productivity?

Apparently you just don't get it...we are all going to sell overpriced houses back and forth to each other and extract equity every few months to buy stuff...its free money...new economy...we are all going to be real-estate millionaires soon! (Convinced?)

(I know that whole "every american is a stock market millionaire" thing didn't work out before...but this times its different...)