Booms, Busts, and Recoveries Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Booms, Busts, and Recoveries

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Seeker of Truth who wrote (46138)	2/13/2004 2:37:48 AM
From: Maurice Winn	Read Replies (1) of 74559

Malcolm, a recession means a reduction in production. There has been continued growth in the USA economy, so ipso facto, QED and by definition, no recession. Unemployment hasn't increased either [other than a tiny amount]. It's still less than 10% and more like 6%. I doubt average pay rates have dropped. The Biotelecosmictechdot.com crowd has come back to Earth with their pay rates, but the dinkum bloke in Peoria still gets the same pay as 5 years ago [I believe]. The escape from the Biotelecosmictechdot.com implosion has been one of the wonders of the world and Uncle Al KBE has done a great job, though he still has his hands full as the US$ revalues to something more fitting with the rest of the world's currencies. It has gone too far against the NZ$! [39c to 70c - amazing]. Mqurice

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next