New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (242)	9/7/2000 7:26:17 AM
From: Arthur Tang	Read Replies (1) of 435

Look at the world markets, and you will find where the American strength is in their economy? It was no secret that when the new economy policy was born in 1992; Greenspan fed the easy credit of the credit card industry. It was a success which led to failure at one point that credit card interest rates had to be high enough to absorb personal bankruptcy charges. Fortunately, the non-government new economy planners using microeconomy principles to create jobs and raised wages to save the credit card excesses. Today credit card industry growth had stalled, but profitability has been relatively easy. What is microeconomy? It is the task of running businesses at a profit. The new economists went to Wall street and got a group of market maker bosses and talked them out of retirement. They were not allowed to retire. They have to teach more market makers to force companies to bring profits to the table. Otherwise, stock value will be punished. This started the American economy revolution. Then they have to get more private companies public. That started the IPO craziness. So far so good. They have to work until they die. Keeping them busy kept them from dying off on us. Now, the stock value on Wall street is $16 trillion worth. The economy is only $12 trillion. As the value of assets increased, more investment into the economy is permissible. Federal Reserve bank is only printing money up to $6 trillion debt, which is being reduced as we speak. Federal government budget is only $1.7 trillion, and they only spend $1.4 trillion. The question of where the money is, is obvious. No other country had comprehension of what and where is the economy; except in the minds of central planning, the name of the group of the planners of this new economy. Soon all underdeveloped countries will have to look at their own Wall street. No Wall street, no developed new economy is what United Nations has to learn. Nor digital divide or any other stupid two second sound bites can be any real economy. Good luck and good fortune took a little work at the right places at the right time.

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