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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: The Ox who wrote (758)5/6/2003 12:24:26 AM
From: LLCF   of 4912
 
<Please be clear and define the path which will lead the USA and the world down the path to a great depression.>

Well, let's see we've got a bunch more jobs that are essentially "dead jobs paying"... Airlines and auto's to start. Then we've got the largest users of tech equipment just starting to lay off [finance] at the end of the biggest bull market which accompanied the largest hiring spree in history... more layoffs, more tech weakness. For instance check out the % of the S&P which is finance now. Finance IS the economy... and layoffs are just starting. Then you've got the biggest housing and refinance [liquidity injection] boom in history winding down.... plenty of layoffs coming there, along with massive credit drawdown finished up. Uhmmmm, let's see... is there more? Oh, yea... what % of the economy vs 20 years ago 'feeds' off of those others... the 'service' economy, living off the rest? The service economy living off imports and their advertising, selling, distribution??? So what... oooops:

quotes.ino.com

I smell slowdown there... hmmmm.

So what's the bull case?

dAK
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