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Technology Stocks : All About Sun Microsystems
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To: Alok Sinha who wrote (28002)2/20/2000 9:10:00 PM
From: Mephisto   of 64865
 
[The growth in the economy is being fuelled by trends (consumer spending, growing debt levels, falling domestic investment, growing trade deficits, wealth effect from rising equities)]

You summed up my fears! And what do the politicians want to do? Cut taxes so consumers can spend even more...........

In the future, the next generation may not worry about social security insurance because they may not need it. They've inherited their family's wealth. Whether they will know how to keep it is another matter.

Best Wishes,

Mephisto

PS: I think Greenspan has done a good job. I hope he can find a soft spot for us to land so that we can postpone the inevitable recession.
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