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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?

To: Jon Matz who wrote (3828)	11/25/1998 4:20:00 PM
From: Giordano Bruno	Read Replies (1) \| Respond to of 5676

In short, the internet is going to become a (if not "the") primary driver of deflation. Interesting point,unlimited Walmarts at your finger tips.

To: Jon Matz who wrote (3828)	11/26/1998 12:55:00 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 5676

In short, the internet is going to become a (if not "the") primary driver of deflation. Unless of course Y2K fears prove true... then all bets are off anyway. It appears that we're sharing many of the same thoughts on e-commerce and y2k. Kinda makes one wonder what will be the result as more and more middlemen(merchants) are eliminated from the economy. Aren't they consumers too?? But FedX and other transports should fare rather well from this direct business. But I don't really believe e-commerce is the reason for the current deflationary environment. That results from too much production and a lessening of consumption overseas as financial systems are destabilized. Y2K will likely be a major destabilizing factor to the financial system, if only that credit worthiness of individual businesses will become dependent upon their ability to convince lenders that they will survive Y2K with their businesses intact. Especially small business. And if small businesses have problems, then the large businesses that depend upon them for parts, subassemblies, or merely as consumers will also suffer. Btw, Happy Turkey Day to one and all.... I can smell ours self-basting away right now... <vbg> Regards, Ron