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Technology Stocks : Cisco Systems, Inc. (CSCO) -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (67343)	3/13/2005 9:17:07 AM
From: Rarebird	Read Replies (1) \| Respond to of 77400

<Oil and DEFICIT spending, in that order, are two of the biggest risks to this economy.> The US Federal budget deficit is out of control, while trade and also current account deficits are at heights never seen. US external debts are exploding while China is almost the last official foreign buyer of US Treasury debt. Over the past four years, the US manufacturing sector has been torn to pieces. All that remains is the US military industrial complex, which has done just fine as the perpetual war rages. In the midst of this, the private US civil economy now barely exists. Its place has been taken by imports.