To: marek_wojna who wrote (73279 ) 7/12/2001 9:18:13 AM From: Ken Benes Read Replies (2) | Respond to Nothing is quite that simple anymore. While few argue over the current economic weakness, there are other factors leading strength to the economy. Yes technology is getting crushed, however, there are many small business, which provide the majority of jobs, that are doing relatively well in a service based economy. Factor in low interest rates, and high demand for single family housing and you have the current market. Whether this changes remains to be seen. My own thoughts, inflation is not the problem that is was in the 70's, currency depreciation is being handled much better than in the past by a more integrated global economy, and some of the excesses that appeared in the late 90's are being wrung out of the economy.
