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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: craig crawford who wrote (7352)6/1/2001 7:17:29 PM
From: Mark Fowler  Read Replies (3) | Respond to of 57684
 
Productivity is not what it was cracked up to be. And therein lies one of the great fallacies of the recent boom and
bubble."<<

We had a beautiful economy until Ag step in a raised interest 6 times to where nominal rates were the highest in a decade. It shut everything down, and then higher energy cost and high taxes remained this economy didn't stand chance... it fell off a cliff!



To: craig crawford who wrote (7352)6/3/2001 1:17:28 AM
From: Bill Harmond  Read Replies (1) | Respond to of 57684
 
>>The reality of the productivity explosion was that it was concentrated in the information technology industry.

Wake up, Floyd. That's where (along with Wall Street) it has ALWAYS started.