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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.42+1.9%Dec 19 9:30 AM EST
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To: Lizzie Tudor who wrote (68649)8/30/2005 2:54:40 PM
From: RetiredNow  Read Replies (2) of 77400
 
I think the economy is starting to slow down as a result of relentlessly high oil prices. We could be in a recession within 6 -9 months if oil remains high, housing slows down, and consumption goes through the floor. Already, consumer sentiment has been coming down.

Maybe a good recession because of oil will help this country figure out that we need to get off the oil dependency. Do you think people will finally get it enough to vote out all the oil men in the White House and Congress?
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