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Technology Stocks : JDS Uniphase (JDSU)
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To: RetiredNow who wrote (21669)9/19/2001 10:50:24 PM
From: Tunica Albuginea  Read Replies (1) of 24042
 
I agree 100% with everything you said. The part I am
worried about is Part B in your statement:

      " However, in the long term,
        if the government spends too much and     
        overshoots, then we'll have massive 
        inflation. "


History indicates is that there has never been a good
time for Democrats to cut spending. In fact I cannot
remember of a single instance where Democrats have cut
net spending significantly. That includes what I cann " Republican Democrats .
So when we come back from recession as a result of
increased spending and the good times are in , the
Democrats are going to say no and we'll be right
back with inflation.This has happened several times
in the past 30 years. This is why 30 year mortgage rates
shot up immediately as soon as the word " increased
Government spending came out ".
The old Bank Money in the know can now smell that rat
light years away, and are pulling the trigger and saying no,
no more cheap lending to you, regardless of how low Greenie drops rates.
Is gold going to go up next?

TA
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