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

To: tradermike_1999 who wrote (16575)	3/8/2002 12:26:29 AM
From: AC Flyer	Read Replies (2) \| Respond to of 74559

>>I just don't see a big boom coming with these debt levels. Where is all of the demand going to come from? Not consumers...not real estate...where? As for the productivity - there is no productivity miracle, as I stated in my message that started this there have been larger jumps in productivty in US history so the current producivity gains are nothing unusual when looked at through the perspective of history<< Ok, mike, so when are the economy and the market going to start following your script? The one with no demand, no growth and no productivity. Or is reality irrelevant when it comes to your dearly held beliefs?

To: tradermike_1999 who wrote (16575)	3/8/2002 5:17:48 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

TM and AC: To gauge the impact of inventions we should split into two camps: 1) Inventions that are taken, pushed and championed by government: small pox and other vaccinations. Or the atomic bomb. 2) Inventions or technologies that are spanners in governments' machinery as the Internet. Governments live off our money via taxes. The Internet has a big potential of disturbing the way governments get a cut of transactions. Hence this is not going to be a technology that governments pushes and champions. Government officials talking about 'digital divide', tech haves and tech have nots is just politics as usual. But the true remains, there is a potential envisaged by people in general. And then there's the time it will take to realize its potential due to have to drive it with the hand brake government pulled up.