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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (440879)	8/10/2003 7:29:02 PM
From: Doug R	Read Replies (2) \| Respond to of 769668

Soros is aware of the bubble in the neocon "market"... Bubbles do not grow out of thin air. They have a solid basis in reality, but misconception distorts reality. In this case, the dominant position of the United States is the reality, the pursuit of American supremacy the misconception. For a while, reality can reinforce the misconception, but eventually it is bound to become unsustainable. During the self-reinforcing phase, the misconception seems irresistible but, unless it is corrected earlier, a dramatic reversal becomes inevitable. The later it comes the more devastating the consequences. There seems to be an inexorable quality about the course of events, but, of course, a boom-bust process can be aborted at any stage. Most stock-market booms are aborted long before the extremes of the recent bull market are reached. The sooner it happens, the better. That is how I feel about the Bush doctrine. Message 19194891 Message 18736755