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Re: Preparing the Remnant for the far side of the crisis
On Thu, 18 Sep 1997, Robert Hettinga posted:
(and someone else wrote)
> > In 1999, chaos will hit the financial markets, all over the world --
> >assuming that this does not happen earlier, which I do not assume. The
> >public will know the truth in 1999: THE DEFAULT ON U.S.
> >GOVERNMENT DEBT IS AT HAND. The tax man won't be able to
> >collect in 2000. The tax man will be blind. Consider how many banks
> >and money market funds are filled with T-bills and T-bonds. Consider
> >how the government will operate with the IRS completely shut down.
> >Congress hasn't thought much about this. Neither has Bill Clinton.
> "... however it may deserve respect for its usefulness and antiquity,
> [predicting the end of the world] has not been found agreeable to
> experience." -- Edward Gibbon, 'Decline and Fall of the Roman Empire'
> The e$ Home Page: http://www.shipwright.com/
Interesting juxtaposition, eh?
"How do you explain school to higher intelligence?"
Elliot to his brother in ET