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To: James Strauss who wrote (50696)8/25/1998 8:05:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 58727
 
james--

i think in some parts of the world you will see a definite depression. in the US, i doubt it. we have seen deflationary stuff for years and it hasnt affected us. corporate earnings might take a hit, from higher wages, but the effect that usually has on the market wont be felt this time...too much liquidity.

so, we have a world where raw materials and end goods are getting cheaper. julien simon anyone?

good luck to all,
trey