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Maybe.. just maybe the ruined economy caused the bubble to burst?
The rest is tooooo simplistic to even respond to!
Stephen
BobsKC wrote:
> 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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>
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