Debating who is and is not sectarian is absolutely unproductive.  I would like
to hear more about the 1982 downturn compared to today.  Remember how Volcker
was able to turn it around by merely loosening the monetary spigot.  Will
Greenspan's rate cuts cause a turnaround in six months.  What about the report
that Bob Naiman posted regarding the synchronization of the downturn?  Is there
going to be a bailout for Turkey or Argentina?
--

Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail [EMAIL PROTECTED]

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