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Technology Stocks : JDS Uniphase (JDSU) -- Ignore unavailable to you. Want to Upgrade?


To: jmac who wrote (18967)2/22/2001 10:12:05 AM
From: Tunica Albuginea  Read Replies (1) | Respond to of 24042
 
OT/ JMAC, remember, one of the biggest destroyers of wealth
historicaly have been Governments through overspending,
printing money,causing inflation and diminishing the
purchasing power of it's citizens' lifetime savings.

It appeared since 1980, with Reagan, that we had halted inflation.

But now overspending in entitlements here and Japn
seem to be rearing it's ugly head again.

We want a new drug plan.Yeah right.

So the result now seems to be no growth from
Government overspending plus creeping medical + energy inflation.

= stagflation.

That is exactly what killed the stock market 1972 to 1980.

How soon we forget.......

TA