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To: Moominoid who wrote (67176)8/9/2005 10:34:08 AM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
<<The big profits at the moment are in the financial sector>>
... yes, it is called inflation and mal-redistribution of wealth, and can be doubled at Greensputin's will or BurnAndKaput's whim.

<<then energy>>
... not really, and even when so, it is a tax, to be applied to workers (less and less of them) who are also taxed via higher property assessment

<<a few Microsofts>>
... very few, and we must not count the bio-techs which exclusively provide solutions to tiny problems.

<<The net saving in the economy is too low of course to fund the real investment hence the trade deficit>>

... plenty of investment going on, in China and India. The system is planet wide and open.

<<But the way the US system currently works is that the firms save on behalf of their shareholders>>

... :0)

<<on SI, mainstream economics isn't very popular :) >>

... bingo :0)

saw a neat quote somewhere, "you are either a contrarian, or a victim" ;0)