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Technology Stocks : JDS Uniphase (JDSU)

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To: Kent Rattey who started this subject3/9/2001 12:23:03 PM
From: Tunica Albuginea  Read Replies (1) of 24042
 
Larry Summers: Now he tells us..........



Larry Summers, Clinton's Treasury Secretary and

" Clinton New Economy " head honcho

" argues that our economy is more similar with Japan’s
during the late 1980s.

That is a comparison he thought it unwise to draw while
still in office.

Mr Summers still hopes that a recession will be avoided
in America. .....


but...
" The “investment boom and bust” model seems a far
better way to understand the current cycle than the usual
one based on rising inflation and higher interest rates. "


economist.com

===========================================

Now.... he tells us.....

TA
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