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To: PAUL ROBERTSON who wrote (90818)10/29/2002 8:08:42 PM
From: Ahda  Respond to of 116790
 
as a matter of fact i think this is why the US economy may fall harder and faster than most would think

It's political system prior to the terrorists was one that regardless of other nations gave a sense of secure and free. Populous iw not huge and hope was. The Nation has been whacked from all directions this year and there are small spots of light but competition is just very stiff.

as the tech boom throughout the nineties masked an enormous amount of inefficencies in the fiat system

It is my belief the system was not doing it's job and tightening dollars but bouncing around in an over joyous manner that we had something that would give us a never ending edge on the world.

We now have farmers who leave land in fallow as the water that is saved sold of to to others pays them more in acreage base then crops they grew.

This makes me very uncomfortable as in having less fields in production we rely on fewer farmers for crops.

At some point costs must go up and competition from other sources find their way in. I suppose one could counter that argument with their will be more food inspectors but that means increased government costs. As all this happens we put ourselves in a position that could mean we will approach a negative balance with little hope of positive.

There is so much more involved in engineering an economy that relies on exports as a price base than a liberal dollar flow policy.

Hopefully I am dead wrong.