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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (65725)9/7/2003 2:20:38 PM
From: mishedlo   of 94695
 
financialsense.com

What is different about this recovery is that it has taken thirteen rate cuts, three tax cuts, annual credit growth of over $2 trillion, $1 trillion in home owner equity extraction and annual government budget deficits of nearly $500 billion in order to bring about a turnaround and keep the U.S. economy out of recession. For the “new era” and the “this time it is different” crowd, things really are different this time.
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