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Strategies & Market Trends : Angels of Alchemy
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To: starbreak who wrote (23717)12/20/2000 2:17:20 PM
From: wannaBrich  Read Replies (1) of 24256
 
AG will go down in history as the "Killer of Technology". He is doing all this based on his understanding of the Economy as written in text books. Economics is not an exact science because it involves people and people do not behave as per a given formula at a given time. At best all economists can do is use statistical analysis and every one knows about statistics (there are lies, damn lies and statistics). Technology is essential for mankind. Who would want to go back to the old banking system or looking through yellow pages or dial an operator to call your friend? The dot coms (may be not all of them) are viable businesses not given enough time to prove themselves. AG killed them through his ignorance and raising interest rates.
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