Bubble-licious!

Sam Pawlett epawlett at uniserve.com
Thu Feb 18 07:15:15 PST 1999


That's right, as Nietzsche admonished "live dangerously! Build your cities on the slopes of Vesuvius!"

SP

Carl Remick wrote:


> Quote of the day -- from the current, long-winded NY Times series on the
> spreading global economic slump: "The American stock market has ...
> soared to its highest ratio of market capitalization to gross national
> product (140 percent) ever recorded in history, a ratio that compares
> with a previous peak of 81 percent in 1929. The American ratio is more
> than twice as high as Indonesia's or Brazil's at the time their crises
> hit."
>
> Carl Remick



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