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Strategies & Market Trends : Trader J's Inner Circle
NVDA 186.23-0.5%3:59 PM EST

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To: kendall harmon who wrote (41436)3/18/2001 5:07:33 PM
From: LTK007  Read Replies (1) of 56537
 
Kendall my comment on this is<<<<Economists, this writer included, tend to take the longer view. What we see is an inflation-free, fully employed American economy in which productivity is steadily rising, making possible continued gains in living standards as workers produce more goods and services in fewer hours.

We see a world economy that continues to integrate, so that on this the globe's resources are used with increasing efficiency. We also see huge new markets becoming available as centrally directed economies adopt the free-market model. Reforms in China will unleash and motivate its millions of workers, enabling them to gobble up the goods the world's industrialised economies produce. And Russia's markets will grow once Vladimir Putin disarms its cowboy capitalists and introduces the rule of law."" is this is the blitherings of utopian airheads,they are just academics failing to view their "new economy" BS is absurd.It is the kind of stuff Jonathan Swift would put into "Gulliver's Travels" in one his acidic satires.that's my view.max
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