[A-List] End of the Business Cycle?

[Annewilliamson]

I understand the thrust of Henry's argument, but could someone please fill
me in on what the following acronyms stand for, so I can better appreciate
the detail?

PK
CEA
ECN

Thanks,

Anne

----- Original Message -----
From: "Henry C.K. Liu" <hliu at mindspring.com>
To: <pkt at csf.colorado.edu>; <gang8 at yahoogroups.com>;
<TheNewForum at yahoogroups.com>; <a-list at lists.econ.utah.edu>
Sent: Tuesday, December 17, 2002 11:57 PM
Subject: [A-List] End of the Business Cycle?


> This was posted by me to PKT on February 11, 2000 when the Dwo was
> heading towards 12000.  A few days after, the equity markets started to
> fall and has since lost $8 trillion in market capitalization, the entire
> face value of M3 money supply in 2000, and 80% of GDP.  E-commerce is
> stuck in the mud.