On Tue, 23 Dec 2003 02:49:55 GMT, Jonathan Ball
wrote:

(snippage of the rantings of an "expert" with letters after
his name, but no common sense at all)

Why do you suppose they say

Who says?

that economic
conditions are so dependent on "sentiment"? "Consumer
confidence"? Why do you suppose there are such things as
bubble markets? Real estate booms? "Irrational
exuberance," as certain Fed Chairman described it? Is Alan
Greenspan an economist?

--
Robert Sturgeon,
proud member of the vast right wing conspiracy
and the evil gun culture.

And an ignorant ass.

I see you don't have an answer to Mr. Greenspan's well-known
concern about irrational exuberance. Why not? It couldn't
be because "irrational exuberance" describes investor
psychology in a bubble market, and you don't think "real"
economists consider investor psychology - right? So
Greenspan isn't a "real" economist, right? You are, by dint
of your UCLA diploma, but he isn't? You might consider
asking for a refund of your tuition.

--
Robert Sturgeon,
proud member of the vast right wing conspiracy
and the evil gun culture.