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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (40447)8/21/2001 1:12:01 AM
From: Boplicity  Read Replies (4) of 65232
 
re: The $33 trillion world economy is still likely to expand this year, as it has every year since the Great Depression.

Woooww, I hate to see that string of accomplishment end. Has Japan been the harbinger to come? Freighting, especially with how tied the world economies are now. Also, the thought of interest rates not being able to work their magic, and the magicians running out of tricks in their bags, should be enough to scare even the most die hard bulls. Scary, as consumers just blows it all off too. The question remains to be answer, Have consumers lost touch with economy reality with access to easy credit causing a leverage bomb? And why aren't they more in sync with the just in time economy. Denial and failure to wean themselves from the consumption patterns that have been developed over the past decade. Scary, down right scary! You do I even believe the above? I worry about it, especially after a visit to the new EXPO store Home Depot is rolling out. <gg>

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