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To: MythMan who wrote (83300)	3/21/2001 9:22:56 AM
From: smallcapmaven	Respond to of 436258

>>The economy grew at a sluggish 1.1 percent annual rate in the final three months of last year, and many forecasters predict about the same for the quarter that ends next week. Several Fed officials have said that after a very slow first half of 2001, they expect growth to pick up, reaching about a 3 percent pace before the end of the year.<< That is total BS...The economy is already in a serious recession and growth for the next year is ABSOLUTELY non-existant...The folly is that there is the perception of slow growth when reality is no growth and negative growth...While the dollar remains strong consumtion has already slowed, once the dollar finally falls the negative growth will balloon rapidly...The interest rate decline is already too late to mitigate depression IMO...