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To: IngotWeTrust who wrote (29979)	3/14/1999 5:41:00 AM
From: John Hunt	Read Replies (2) \| Respond to of 116764

World financial shocks threaten Australia << The world economy was dependent on a consumer boom in the United States, which was fueled by rising asset prices. Access said there was no apparent alternative to fire world demand if the U.S. economy stalled. ''Like a heroin addict, the U.S. economy needs continued rises in asset prices to keep moving,'' it said. Access said central banks could prevent a sharp world downturn through rapid monetary policy loosening when financial shocks hit, but it was less certain if the world could avoid an extended period of below-trend growth and rising excess capacity. >> biz.yahoo.com That must make the fed the 'drug dealer' of choice. Plain talk, for a change ... hard to believe it was written by an economist. :-))