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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Elroy Jetson who wrote (20380)	10/21/2004 9:39:45 AM
From: Jim Willie CB	Read Replies (1) \| Respond to of 110194

thanks, Richebacher made the adjusted stat quote earlier cannot remember or locate it in his works my memory says Schumpeter Jean-Baptiste Say has a great qoute also: The same principle leads to the conclusion, that the encouragement of mere consumption is no benefit to commerce; for the difficulty lies in supplying the means, not in stimulating the desire for consumption; and we have seen that production alone, furnishes those means. Thus, it is the aim of good government to stimulate production, or bad government to encourage consumption. thus, the USA leaders encourage spending of any kind as indicative of good health as I have said for two years: ASS-BACKWARDS we are on the road to ruin thanks again, jim