From: Tom Walker <[EMAIL PROTECTED]>
>Coincidentally, a recent survey of mutual fund buyers found that the
>expected average annual rate of return was around 30% -- compounded. It is
>_not_ a coincidence that unrestrained compound interest has been viewed by
>world religions as an evil phenomenon. Nor, I suppose, is it a coincidence
Good point Tom. This is no doubt why economists believe they have
discovered a perpetual-motion machine: the economy just keeps growing.
Unfortunately, the economists haven't noticed that the economy is physically
contained within a nongrowing sphere. In other words, the economy closely
resembles a brain tumor -- with approximately the same prognosis.
Jay
