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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?


To: Oeconomicus who wrote (21461)7/23/2004 4:08:47 PM
From: Lizzie Tudor  Read Replies (3) | Respond to of 57684
 
For you, the glass will be half empty until a Democrat wins the White House.

I don't care who wins as long as it is somebody who stops lying about the economy.

Your statistics come from the same people who gave us an 8% GDP with "the strongest economy in 20 years" <wink wink>, accompanied with ZERO job growth and a grueling bear market.

Statistics and the stock market are at odds. Based on what I see around me, the statistics are wrong.

As for the tech sector never recovering, heres the problem. We (the US) GAVE AWAY our manufacturing sectors in order to focus on the new economy. So, if the new economy never recovers as you are implying, we are screwed as an economy. Back to the 70s we go.

Those that dismiss the tech sector so easily are usually making excuses for why this economy sucks. In other words "it isn't my guy's fault". Well, its somebody's fault.



To: Oeconomicus who wrote (21461)7/23/2004 4:19:17 PM
From: Bill Harmond  Respond to of 57684
 
Seems to me pretty personal, RD.



To: Oeconomicus who wrote (21461)7/23/2004 5:45:43 PM
From: fedhead  Respond to of 57684
 
If a falling dollar results in foreigners getting out of
dollar based assets, that could be a major problem as it
would cause interest rates to spike up. So far that has not
been a problem.

Anindo