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Politics : PRESIDENT GEORGE W. BUSH
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To: longnshort who wrote (763720)7/22/2007 1:26:17 PM
From: BEEF JERKEY  Read Replies (2) of 769670
 
I might remind you that the value of the stock market right now is more a result of the poor showing by the "clownbuck" and excess liquidity than it being a reliable predictor of the strength of the economy. In terms of currencies other than the US dollar - the US Stock Markets are not doing so good.

9 months after the Naz, Dow and S&P 500 made their highs in 2000 the economy was in free fall.

One other thing - how do you feel about the fact that the Chinese have come to hold so much in US Bonds during the Bush rein that they can now topple our economy at will?
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