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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: gnuman who wrote (61214)	6/1/1999 10:36:00 PM
From: Kerry Phineas	Read Replies (2) \| Respond to of 132070

Gene, the responses are even better. No clue if any of these people are serious or not. techstocks.com techstocks.com geocities.com

To: gnuman who wrote (61214)	6/1/1999 11:21:00 PM
From: Michael Bakunin	Respond to of 132070

Not only is he serious, he might be right: see ntrs.com "If, for some reason, say, a couple of Fed rate hikes, the U.S. stock market should crater, then the personal saving rate is likely to rise, which will slow consumer spending, which will slow the economy. A U.S. recession would likely occur if the personal saving rate returned even to a low, in an historical context, 3.25%. A sharp slowing in U.S. consumption would send economic shock waves around the world.." Nice charts, too. -mb