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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (13774)2/2/1998 8:47:00 PM
From: Mike M2  Respond to of 18056
 
Bill, it's a global Ponzi scheme. Greater fool on a global scale with the governments blessing and I suspect help. Rallys in Asia do not make non-performing loans perform or excess capacity become fully utilized. A recession is a liquidation of inventory during a depression debt and capacity are liquidated. Mike