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otraque

03/19/05 2:40 PM

#371688 RE: lee kramer #371682

<But I'm open to any counter argument.> Do you want a book or just 20page essay?:)
Seriously the topic to argue is so huge--i think it is the single most important question regards the future existing today.
One side will be extremely wrong or extremely right.
I perceive no in between resolvement.
I have my strong views but i no longer see use in debate as
once my own mind is made up, i shut up( i argue most when i am myself uncertain).
When my own inner argument as finally come to a resolution, i just smile and say to other views----that's fine with me.
All i know is my mind has now made a conclusion (after about 18months of inner argument), and i will be now either extremely right or extremely wrong.
This post i think i am expressing a philosophic concept.
That being why argue when you , within yourself, have decided you are right??? Because what is the value of pushing my certainty on another if theoritically i could be terribly wrong?:)

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Zeev Hed

03/20/05 9:07 AM

#371746 RE: lee kramer #371682

And, in 1927 to 1929, the federal government run a budget surplus....
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shoreco

03/20/05 9:26 AM

#371748 RE: lee kramer #371682

>> Very few people traded back in '29 and margin rates were something like 5-10% <<

While few were trading, I believe margin debt was near 50% and then add the fact that the "stock markets gains" were feeding the economy...

This was the fuel to the Great Depression...

If Real Estate didn't surge like it did after the March 2000 bust, we just might of had another disaster on our hands...

Do some research on the roaring 20's and you'll see a very similar pattern as the mid- to late 90's...

10 grand made you a millionaire in a very short time...