Re: interest rates and investment, reply to Barkley and Matt

To: "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx>
Subject: Re: interest rates and investment, reply to Barkley and Matt
From: pdavidso <pdavidso@xxxxxxx>
Date: Sat, 17 Nov 2001 12:47:14 -0500
Cc: pkt@xxxxxxxxxxxxxxxx

>===== Original Message From "Henry C.K. Liu" <hliu@xxxxxxxxxxxxxx> =====
.The IT/communication revolution was built on debt that had
>been accumulated in the last decade.  The greatest invention of the 90s was
>more and more sophisticated debt instruments.
..

In other words, LIQUIDITY was essential for prosperity -- and the attempt to
take way the liquid refreshmentsby the FED -- caused the party to end!!

Paul

Paul Davidson
University of Tennessee
SMC 523
Knoxville, Tennessee 37996-0550
phone # (865)9744221; fax # (865)974-1686; email pdavidson@xxxxxxx

Prev by Date: Re: fiscal deficit
Next by Date: BL, LW, ATEOTD
Previous by thread: Re: interest rates and investment, reply to Barkley and Matt
Next by thread: Selling Oil and Buying Fighters
Index(es):
- Date
- Thread

Thread context:
- Re: interest rates and investment, reply to Barkley and Matt, Niggle, Christopher Fri 16 Nov 2001, 20:10 GMT
  - Re: interest rates and investment, reply to Barkley and Matt, Henry C.K. Liu Sat 17 Nov 2001, 02:24 GMT
  - Re: interest rates and investment, reply to Barkley and Matt, Leonardo Vera Sun 18 Nov 2001, 00:33 GMT
    - Re: interest rates and investment, reply to Barkley and Matt, J. Barkley Rosser, Jr. Mon 19 Nov 2001, 18:17 GMT
  - <Possible follow-up(s)>
  - Re: interest rates and investment, reply to Barkley and Matt, pdavidso Sat 17 Nov 2001, 17:47 GMT
- Okun piece, Per Gunnar Berglund Fri 16 Nov 2001, 19:39 GMT
  - Re: Okun piece, Bill Mitchell Sat 17 Nov 2001, 00:27 GMT
    - Re: Okun piece, Per Gunnar Berglund Sat 17 Nov 2001, 19:46 GMT
  - Re: Okun piece, Edward C. Wood Sat 17 Nov 2001, 03:24 GMT

[ Other Periods | Other mailing lists | Search ]