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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Findit who wrote (57487)4/26/2002 6:09:07 PM
From: LTK007   of 99280
 
yes! As greenspan said, Cap Ex MUST lead the recovery, and he adds ; however, this recovery should be moderated by an increase in consumer savings and slower consumer spending. He stated that whenever a country tries to maintain economy via an indebted consumer, it never ends well.(this a paraphrasing of his "to the bankers" speech awhile back.
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