The Barnard Observer
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Home Picks Figures Great Investors Vault Contact c2003-08 Thomas Barnard
Stealing Demand from the Future
Seth Glickenhaus, who has made 16% a year in his Dorchester Fund, made an important point in an interview in Barron's (June 9, 2003), and that point is that with low interest rate loans on cars and homes that Greenspan "cannibalizes the future."