[A-List] End of the Business Cycle?

[Henry C.K. Liu]

PK:  Post Keynesian
CEA: Council of Economic Advisors, White House
ECN: biggest electronic stock marketplace
see
http://www.island.com/corp/about/index.asp

Annewilliamson wrote:

> 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.