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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: Gary105 who wrote (39126)	10/18/2012 4:06:25 PM
From: Kirk ©	2 Recommendations Read Replies (1) \| Respond to of 218837

Not sure how much it all means these days... Despite rise of their index, ECRI still contends we have entered recession. They equate current situation with earlier times when market rose despite poor economy, ultimately resolving itself with major correction or crash. If you subtract government borrowing from GDP, we are in a depression. The people who benefit from the spending are those who benefit from government jobs or companies that sell to the government, especially military and health care. Add in all the companies that make money selling food, clothes,etc to anyone working for the government, military or health care... I am AMAZED at the number of procedures some get on Medicare with no positive results... the costs for one I know are probably more than I paid in total taxes for the past 20 years... The new hospitals near me are like palaces... Those of us who own stocks that profit from any of the spending also benefit while savers who paid off their homes and invested their life savings in "safe" cds and US Treasuries are getting screwed.