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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: zonder who wrote (22794)2/3/2005 12:10:09 PM
From: John Vosilla  Read Replies (1) of 116555
 
Yes their have been certain areas that have been big winners for sure. I don't consider defense, housing and financial engineering to be true drivers of wealth and a higher standard of living for Americans over the long run. I would have expected something a bit more creative but perhaps we are on a decline and there was no other way out to avoid an economic collapse.
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