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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (290)8/21/2001 7:59:45 AM
From: Arthur Tang  Read Replies (1) of 435
 
What is similar in our economy, Wall street and Social Security?

Social security has been around for many years, people think it will go bankrupt. The cure is dependent on population growth. More new workers have to pay into it and less people have to withdraw money from it. No other way can solve the problem significantly, except job creation and increased social security receipts(even by increasing the top limt on salaries, each of us has to pay).

Similarly, Wall street depends on new money to come in to pay for the expenses of operations on Wall street, then have cash leftovers for withdrawals by profit takers or losers. The operation this year has been upset by many market makers who are nothing but day trading gamblers themselves, trying to take out cash. Not understanding the thermal dynamics analysis of social security system hurts the money coming into Wall street, normally. When market pulls back, money stays on the side line.

No cash coming in, stock market crashes every time. Interest rate lowering doesn't do a damned thing. Will people ever learn?
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