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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (275229)	2/19/2006 12:49:53 PM
From: tejek	Respond to of 1572643

"The recession that followed was mild because the "excesses" of the dot com era were not nearly as bad as you would lead us to believe," And even if they were as bad, we immediately started pouring billions of dollars of extra spending into the economy. Which tends to props things up. Actually, the dot.com excesses looked to be a much bigger influence on the economy than they were because of their impact on the stock market. Even now, hi tech is still a small portion of the country's economy.

To: combjelly who wrote (275229)	2/19/2006 1:37:51 PM
From: tejek	Respond to of 1572643

"The recession that followed was mild because the "excesses" of the dot com era were not nearly as bad as you would lead us to believe," And even if they were as bad, we immediately started pouring billions of dollars of extra spending into the economy. Which tends to props things up. Speaking of the economy, no one is saying too much about the inverted bond yield. For the past 30 years, when the bond yield inverts, usually a recession is not far behind. Of course, some are saying its different this time. We'll see.