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To: heraclitus who wrote (5807)	12/4/1998 12:43:00 PM
From: Snowshoe	Respond to of 14427

Homer, did you know that LT is one of the world's first baby boomers? Yep, when his father's cohort came back from the Punic wars they set off a boom that lasted 600 years! This could go on and on...

To: heraclitus who wrote (5807)	12/4/1998 2:51:00 PM
From: Lucretius	Respond to of 14427

that argument was useful about 10 years ago when nobody was talking about it. (G) no, I don't buy it anymore. Many BB's will be retiring soon and some even sooner (afterall they can retire early w/ the gains they have in the mkt!!) The mkt won't wait till 2 years before the BBs turn 65 to end. Besides, BB's will not continue to pour money into a falling mkt, I don't care what they think now. Look at the Japanese. the point about the savings rate is key. Shows we cannot sustain our investment rate AND consumption, and of course each depends o the other for strength. An inherently unstable situation.