Re: Re: Spending binge

[Jim Devine <jdevine@xxxxxxxxxxxxxxx>]

At 09:33 AM 9/1/00 +1000, you wrote:
> You guys across the Pacific are starting to worry me. Haven't you heard of
> moderation and intertemporal considerations? How much longer can the binge
> continue, given the huge trade deficit? When can we expect a stock market
> correction? (OK if you knew you wouldn't be in academe!) Step forward JD!

If JD be me, I can't predict. All I know is that the longer the binge
continues, the worse the recession will be...

Jim Devine jdevine@xxxxxxx &  http://bellarmine.lmu.edu/~jdevine