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Politics : Welcome to Slider's Dugout

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From: RonMerks	8/10/2006 3:15:28 PM
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Economic Winter says the 'Hussman Fund' Bill Hester of the Hussman Funds reports. The Conference Board's CEO Expectations Index has fallen below 50 -- the dividing line between optimism and pessimism -- for the first time since the year 2000, even as record profits continue to impress. Why? Because the future sometimes brings a sharp break with the past, as these executives know. Especially when the good times of the past have been financed with credit cards and home equity loans. When the bulls point to mountains of corporate cash as a sign of rude health, they leave out the simple truth that hoarding indicates: Economic winter is coming. From Justice Little Outstanding Investments Midweek Update Wednesday, August 9, 2006 xxxxxxxxxxxxxxxxxxx Slider; Justice Little also said something about paper assets outperformed gold during the Weimar Republic inflation collapse. comments?

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