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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 230.27

-0.6%

Dec 11 3:59 PM EST

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To: H James Morris who wrote (131613)	9/20/2001 4:26:06 PM
From: GST	Read Replies (1) of 164684

HJ: I'll bet there isn't one in a hundred Americans who understand that when the US government commits to economic stimulus, it means going to foreigners and asking them to lend us some more money so we can prop up our economy. This time the cupboard might be a little less well stocked with willing investors -- and at any rate, it means higher borrowing costs which will in turn hit the housing market and all the markets that depend on housing -- add that to tourism as a casualty of this attack. The average American and I suspect most investors and business people do not understand the drag on the economy imposed by "government stimulus". Greenspan is already hinting that so-called "stimulus" will send the economy into a deeper recession than the one we are facing -- serious stuff HJ.

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