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To: sourcery
The Fed lives in mortal fear of a system so debt-clogged that not even a 1% bond yield could coax overextended debtors to consume or invest. The purpose of the Fed's May 6 pronouncement is to roll out the welcome mat for growth--and, by way of a higher inflation rate, to lighten the burden of debt.

I'm definitely seeing growth in empty store fronts and for lease signs on all the newly built shopping centers and strip malls.

Richard W.

4 posted on 06/08/2003 6:01:46 PM PDT by arete (Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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To: arete
Welcome to the next bubble about to be burst. NOTHING is quite so overbuilt as strip malls, historically speaking.
5 posted on 06/08/2003 6:24:10 PM PDT by SAJ
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To: arete
Now's the time to open my always wanted "Scotch-Tape Boutique."
6 posted on 06/08/2003 6:31:33 PM PDT by Leisler
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