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To: John F Beule who wrote (125724)9/26/2001 5:30:32 PM
From: Raymond Duray  Read Replies (1) | Respond to of 436258
 
Hi John,

Re: That's a nice dream. However that proposed stimulus package comes out, it will be geared towards getting consumers and businesses to spend and finance "to infinity and beyond". Real problems won't get solved.

I don't agree that we'll be that stupid. Everyone knows the consumer is burdened with the greatest debt levels ever in the US. This is unsustainable, IMO and the opinion of many economists. To add to this is to precipitate an even greater disaster later in the decade. As far as business investment is concerned, just what do you propose to invest in that has a return on capital? I don't see any new frontiers here that can soak up enough investment to turn the economy around. The technologists are pushing "nanotechnology" as the new buzzword. As an investor, I've investigated this and I'm seeing nanoreturns.

Cheerio, Ray



To: John F Beule who wrote (125724)9/29/2001 7:26:07 AM
From: LTK007  Read Replies (1) | Respond to of 436258
 
<That's a nice dream. However that proposed stimulus package comes out, it will be geared towards getting consumers and businesses to spend and finance "to infinity and beyond". Real problems won't get solved.> agreed real problems won't be solved.But,from a person wondering about this next years stock market.Will this wild drive to stimulate consumer spending and business investment give a temporary rally mode to market.In otherwords,will consumers keep spending and spending(thus heading off consumer roll-over,which would be death to the market at this time)
This is opinion of others,looking to see if any can shoot holes into this belief.Max p.s. i have heard a couple congressional members mutter things like let's have government finance a computer for every student,and thus revitalize the whole tech sector--but don't think ideas like that will get off the ground.