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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (5334)6/25/2001 11:24:30 PM
From: LLCF  Respond to of 74559
 
<The government has convinced people they will be there to bail them out. That trees grow to the sky, that there will always be work. What a scam, what fools so many people have been. And the government and bureaucrats are at the forefront of this insane thinking. >

Well, if you're right at least there are plenty of foreign bagholders holding our dollars and debt, nice to have company on the way down. Of course they'll attempt to mitigate that... got gold? Speaking of gold... has anyone noticed that GNP growth is zero... company earnings are not only not growing but contracting and inflation is running @ 4% implying negative interest rate after another cut or 2?

DAK