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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Neocon who wrote (433536)7/25/2003 3:13:48 PM
From: TigerPaw  Read Replies (4) | Respond to of 769667
 
In 2001 the economy reverted from it's growth position in technology and information back to the same type of economy that had failed in the 1970s, resource extraction and protectionism. That is why it died instead of just going through one of the many retrenchments that had occurred in the previous decade.

All that is left now is the cashing in of the value of the dollar.
reuters.com
<font color=brown>Evidence that the U.S. economy is set to grow strongly has eluded investors, who in recent weeks have begun selling stocks and the dollar anew after a period of buying both in anticipation of an economic revival.

As a result, market participants say the combined data, though constructive, still fell short of what investors needed to see to lend credence to the recovery story and continue buying both America's assets and its currency.
</font>

A recovery is as hard to find as Saddam's anthrax.

TP