Silicon Investor (SI) -- The First Internet Community

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 : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (5957)	4/3/2000 12:00:00 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

Jim, I agree with most of that, but I don't think anyone is ready for a bad number in the rate of productivity gains. It just hasn't been factored into many peoples thinking. I don't think it is Greenspans choice, or call, perhaps our economy is just plain hitting the wall, so to speak? In other words, a country like China has a big gap to fill, productivity wise, whereas we are already sitting on the top of all past gains...and any increases from here will be at a very small incremental rate, if at all.. More troubling to me is the huge amount of debt that average Joe American is now carrying. And then things like the US government stating they will no longer recognize Federal Mortgage Loan associations moral obligations as debts of the US might be a straw in the wind. These formerly federal agencies are creating (out of thin air) some $500 billion worth of debt credit money market instruments each year out of thin air and are operating as a quasi Federal Reserve bank. There is a message in there. A big one.