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Technology Stocks : Semi Equipment Analysis
SOXX 309.40+1.0%Dec 5 4:00 PM EST

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To: Return to Sender who wrote (6592)11/1/2002 11:36:14 AM
From: Pink Minion  Read Replies (2) of 95531
 
Ok, I'm sorry

financialsense.com

Debt has become so ingrained within our society that nobody questions this financial insanity. Instead, whether you get your news from reading the paper, television, or the Internet, there is a major movement in this country for more government intervention in the economy instead of allowing the markets and the economy to heal itself naturally through debt liquidation and business failure. Weak companies would go under, debt would be liquidated, markets would fall, and the economy would contract until the excesses were wrung out of the economy. Once cleansed of these excesses, a natural restoration process would begin.

Instead we hear more calls for government to alleviate the pain when it was government that created the pain in the first place. There seems to be this mistaken belief that the government can solve all economic problems with continuous intervention in the economy and the markets through price supports, monetary expansion and fiscal stimulus. In each case of intervention, it has paid with more debt
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