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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Mike M2 who wrote (23940)	8/11/1998 1:26:00 PM
From: bkg	Read Replies (1) \| Respond to of 94695

Isn't that reading a bit much into the situation, though? The stock market is, after all, a secondary market. A crash would surely put a crimp in consumer spending, but probably no worse than the oil crises did. Previous bouts of political trouble after a crash were due to faulty lending and trade policies which might or might not get repeated... -Not that any of that makes a difference to what my 401(k) is going to look like tomorrow! :^)

To: Mike M2 who wrote (23940)	8/11/1998 2:47:00 PM
From: James F. Hopkins	Read Replies (1) \| Respond to of 94695

Mike; <OT> It's too often over simplified, and the blame all heaped up on the door step of one Nation, or Man..but as you dig into it you soon find that what created the "environment" for that type of person to rise to power had more to do with it than the Nation or man himself. I have met many closet Hitler's, Goebbles, Himmlers , and "Uncle Joe's" and there may always be some of them around, sort of incubating and waiting on the right conditions to hatch out. ------------------- Being a Mariner, I tend to see most collisions as having been avoidable , and when they are not then the fault seldom rest just on the shoulders of the one who failed to yield the right of way. ------------------------- More than any thing else prior to WWII the Elite of Europe created a catch 22 , and then got themselves caught in it. The situation got to the point that those who could have prevented it , would have been very unpopular had they taken the action needed. They had sneered at Wilson when he said the Versailles treaty was to harsh. So later when they did see it coming none of them had the Moral courage to ask for the money to match Hitler's build up, which could have made him think twice, because if they got that money and war didn't come then they would look like fools. And beyond that were certain alliances "based on who owed who money" of course that stands out in WWI also. So it turned into a rich mans war , but a poor mans fight, which is par for the course as most wars are. ------------------------- I wonder just out of curiosity how many average American High School Kids know, who actually declared war on who in Europe. Jim