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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 80.66+3.0%3:59 PM EST

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To: hueyone who wrote (58418)3/12/2002 11:52:19 AM
From: RetiredNow  Read Replies (1) of 77400
 
Thx for the post, Huey. Do me a favor. Go to that same site and download GDP stats from 1929 forward, which are presented in current dollars. Then calculate the GDP growth each year. Then also calculate the rolling average each year. You'll note that we are indeed trending upwards every so slightly. The data ends in 2001 with a rolling average GDP growth rate of 6.9%. That's alot higher than the previously mantra of 3-4% sustainable growth rate that economists were fond of. I think inflation is about to start rearing it's ugly head and that will dampen things a bit going forward (which maybe good for gold, btw), but it really is looking like we can expect GDP growth rates to climb steadily higher over time.
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