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Technology Stocks : All About Sun Microsystems

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To: techtonicbull who wrote (44499)	8/17/2001 10:42:04 PM
From: Steve Lee	Read Replies (3) of 64865

If that happens, he will be fired (preferably from a cannon). He should leave rates alone. Consumer sentiment is high enough already without more soon-to-be-unempoyed running up huge credit card balances. Not to mention companies in overcapacitised industries borrowing money for even more production. Keep the rates high and let those who are overleveraged/inefficient go out of business. Then we can have a more balanced economy. If he wants a soft landing (for the economy - not his human cannonball exploits) he should stop delaying the inevitable demand driven recession which will happen when the consumer wises up, says "Oh shit" and stops spending beyond his/her means.

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