>>>new set of generals">>
personally dewd, i'm taking that "bears in denial due to retro thinking" as about the most contrary statement to come along since irving fisher -g-
the 90's tech boom was ended on an exclamation point in march 2000, a parabolic that was more vertical than the nikkei, dow 29 or gold 1980 (i think -g-) in the final stage blow-off.
retro thinking is the clinging to the tech-addiction everybody has now, tech has exhausted it's ability to provide giant leaps in productivity,
people don't understand the 90's boom was also fueled by disinflation/deflationery pricing in commodities, especially energy, this may even have been more of a grease for the economy than high productivity of technology.
this is just like the end of the boom in the 60's and early 70's, back then everybody was driven a caddy with a 420 cu. or a chevy with edelbrock dual overhead cams and a dual quad holly carb -g- (x'ers that one was a real piece of americana art and us technology to marvel at -g-)
except it's now a lexus or mercedes suv -g-
andarko petroleum just had something like a 600% profit increase, we in the deep contrarian not so free zone -g-, are saying that the retro thinking tech is the holy grail is changing and the deflation boom in commodities with pork bellies selling at great depression lows in 98, is just starting to get a full head of steam, after over a decade of disinvestment, it's showing up in the white metals, electricity, nat gas, oil, etc, crap it may even show up in gold one of these days -g-
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