To: Ernest_at_the_Beach
fyi
To: JohnHuang2
"There was a massive redeployment of capital and people," said Adrian J. Slywotzky, a partner at Mercer Management Consulting, a consulting firm, "from fundamentally productive activities to fundamentally unproductive activities."
Bingo.
3 posted on
05/12/2002 1:48:16 AM PDT by
pt17
To: JohnHuang2
Click the icon.
4 posted on
05/12/2002 4:55:42 AM PDT by
RJayneJ
To: JohnHuang2
I never forgot what my ancient professor said. Gold! It is a pain to hold. You have to fight to keep it. You can't eat it. You can't grow it. You can't make it. However, no politician has ever (long term) controlled it. Eventually, gold will always have its way. Stash some away. Consider its cost to be an insurance premium, and press on with your life.
To: JohnHuang2
Government inflates the currency, takes 50 cents of every dollar earned, spends like a drunken sailor, doles out subsidies and selectively favorable tax treatment, then issues reports blaming private industry for all the malinvestment.
It will keep everyone fooled right to the bitter end.
To: JohnHuang2
Since (February 2000), the stock market has fallen about 25 percent25% my foot! The DOW, maybe, but not the NASDAQ. which is down close to 70%...
many of the technology stocks analysts were hyping as a bargain at $100, including DoubleClick and JDS Uniphase, now trade for less than $10.
JDSU (which has taken a bigger beating than the NASDAQ)...
Of course, not all stocks are hitting the tank. Some selected gold stocks hit bottom earlier and are now on the way up...
The equity bubble has burst, and now the finger-pointing has begun in earnest. Expect the politicians to come out on top. After all, they are the ones running the investigations. However, don't ask them how much they have grown - and continue to grow - the wildest growth sector in the world,... the United States Government (and most state govenments)!
Anybody seeing any shrinkages on those horizons, much less any investigations into rampant unchecked spending and incomprehensible waste, fraud, abuse and outright criminality?
11 posted on
05/12/2002 1:58:47 PM PDT by
Gritty
To: JohnHuang2
There was a massive redeployment of capital and people," said Adrian J. Slywotzky, a partner at Mercer Management Consulting, a consulting firm, "from fundamentally productive activities to fundamentally unproductive activities."Yeah all the profitable activities are now in Mexico and China, welcome to the new economy.(suckers)
To: JohnHuang2;Billy_bob_bob;rohry
"Business in the 90's became not a fallback for people who
weren't creative enough for other pursuits
Another elite limo liberal is outted.
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson