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Nope, not this time. This time, the bubble burst has ruined the
economy. The wild speculation in equities has destroyed company after
company and it isn't over. The huge loss of market cap in even great
companies like GE has caused such giant firms to pull in their
spending/purchases and this has trickled down to all companies. imo, the
wonderful economy we have all basked in was created by the equities market
and now that economy is shaking due to the illness of the same mother that
spawned it. Want to fix the economy? Go out and buy stocks again. Return
say 50% of the market cap to the average firm out there and the economy
will be fine. I said it before and I'll say it again, the tail is wagging
the dog.
Good trading tomorrow all,,
Bob
> > wrong with the economy is the stock market.
>
>How can the stock market be what is wrong with the economy?
>It is a barometer and all the psyche within the economy.....?
>The stock market doen not dictate to the economy how to behave... the converse
>applies! Maybe,,, just maybe the fact the credit is at is highest ever and the
>USA is a debtor nation is what is wrong with the USA economy??not anything a
>good war could not fix... the US problem solver to all ailments.!!
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