bubble

Doug Henwood dhenwood at panix.com
Thu Mar 9 15:42:57 PST 2000


Enrique Diaz-Alvarez wrote:


>Why? I mean, why now? How's a 390 PE any crazier than 200 or 100, or any
>saner than, say, 1000? Do you think American households' credit lines
>are about to be tapped out?

"Rate rise likely as Greenspan issues stern warning."

- headline in today's Financial Times

And another unrelated headline in today's FT:

"Californians put prisons before schools."

Doug



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