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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Jacob Snyder who wrote (24878)	10/5/1998 8:16:00 PM
From: akidron	Respond to of 70976

Jacob... we are not going to agree on this.... in effect the fed is bailing out the banks keeping real interests so damn high, and enabling such a huge spread between their cost of money, and what we get for ours. However it is my opinion that it will not be enough, Mexico Brazil, et al are about to give the banking system fits. We are on the verge of a sudden wealth equalizing shock. The poor bastards over there are gonna say we eat before we pay back our debts. It's called human nature. A better part of it. Still say IBM short's the trade.... they're gonna get tanked by the dollar, the lack of growth, there size in Japan.... it's gotta be hurting. Hey anybody see AVID today ..... there's a good example of mismanagement of a monoply as I can find today