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Gates Not Freaking

If you're one of the richest -- if not the richest -- men in the universe, then a little thing like a near-stock market collapse isn't such a big deal. Bill could lose $50 billion and still have enough to control Third World economies, give Paris Hilton a clothing allowance and buy everyone in America a six-pack of Pabst.

Even though Gates lives in a very different world, I trust his economic judgment. (I try not to be political here, but does either major presidential candidate understand anything about the economy or how to reduce our federal deficit? You tell me at dbarney@redmondmag.com.) Gates, despite losing billions this week, believes in the fundamental strength of our capitalist system and doesn't even think a recession is coming. Say it's so, Bill!

Posted by Doug Barney on 10/08/2008 at 1:16 PM


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