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To: NOW who wrote (140775)12/28/2001 1:41:42 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
yeah, and we've reached a permanently high plateua, too.

Keynsian economics a success?? Bunk



To: NOW who wrote (140775)12/28/2001 2:59:21 PM
From: Knighty Tin  Respond to of 436258
 
Gee, I wonder how many Argentinos he has, given that he thinks all currencies are lovely. My guess is, he might be happy to get them, but he wouldn't hold them a nanosecond.

BTW, the mfg. sector has been in a recession in the US for nearly 5 years. Just the faked numbers sector, services and financials, have been in a boom.



To: NOW who wrote (140775)12/29/2001 6:35:09 PM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
David, he seems to overlook the fact that the US emerged from WWII with its industrial base greatly augmented while the industrial base of Europe and Japan was destroyed. By 1949 the US had half of the worlds above ground gold supply. The US also had the benefit of Bretton Woods making the US $ the world's reserve currency. I would agree that the TL & EV has been slow in coming but it will come IN SOIZE. mike