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Sent: Friday, August 24, 2001 1:22 PM
Subject: [PEN-L:16307] more on the implosionary world economy
> The Economist/August 25, 2001
>
> EDITORIALS
>
> Get a parachute
>
> FOR the seventh time this year, America's Federal Reserve has cut interest
>
The Economist/August 25, 2001
EDITORIALS
Get a parachute
FOR the seventh time this year, America's Federal Reserve has cut interest
rates, this time by a quarter-point to 3.5%, leaving the federal-funds rate
a full three percentage points lower than at the start of 2001. Americans
hope that
