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To: Hawkmoon who wrote (25490)	1/6/1999 8:47:00 AM
From: Bobby Yellin	Read Replies (1) \| Respond to of 116753

Hi- I guess I am assuming we are veering into a two class society..huge structural change. I tried to have a debate with a brilliant guy with my viewpoint that the consumer is what drives the economy .he said no if consumers have less to spend,there will be less need for supply.. the strong dollar has made US products prohibitive to most of the rest of the world..I am now wondering what will happen in Europe..read that Germany has 10 percent unemployment rate..now with mergers etc..shouldn't even more employed be left go.. I am a student of the I Ching..wisdom based on observing nature.. 3000 years old..when things to go their extreme,they turn to the opposite..simple.. how can you entice somebody to buy your products..even when they hold incredible amount of dollars..if they can't afford it.. Do you think the consumer is important? I had read in Baron's last year that most of the money being lent was for financial assets..so extending credit that way it has been extended is helping to create big time this financial bubble..also many consumers appear to have been relying big time on credit..without inflation to offset their debt.. I am in a hurry so please excuse the sketchiness..just trying to get you to comment more bobby ps I think the internet will increase the deflationary trend big time..margins have to get crushed..with so much competition..