> As I've said many times, I'm surprised the short term numbers are as > good as they are, but here's the deal: > > While all of the normal economic indicators look good, their > comparative ratios look crazy. This indicates that the economy is > definitely NOT normal; Mr. Greenspan has called it a "conundrum", in > fact. So this is where the art comes in. > > You've got some people, such as yourself, who are looking at the > standard indicators and saying everything is fine, and you've got > others who looking at the comparative numbers and sensing something is > wrong. (For example corporate cash) > > For sure we know we're deep in debt and we've got huge obligations coming > up. > > How it's going to turn out, I don't know. But I'm an engineer by > training so I don't like when things don't add up and I don't see > things adding up. > > So, it comes down to how you view an unseasonably cool sunny day. > Some say it's sunny so who cares, some say warmer days are ahead, and > some say storms are coming. > > I say storms are coming. >
I've gotta agree with Gruss "Instant Action" Gott on this one. Economic downturns are almost always preceded by unsustainable spending booms. Bush saying "hey, things are ok right now", is not a valid answer when questioned about the dangers of his out of control spending and it's eventual affect on the future economy. ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Find out how CFTicket can increase your company's customer support efficiency by 100% http://www.houseoffusion.com/banners/view.cfm?bannerid=49 Message: http://www.houseoffusion.com/lists.cfm/link=i:5:171002 Archives: http://www.houseoffusion.com/cf_lists/threads.cfm/5 Subscription: http://www.houseoffusion.com/lists.cfm/link=s:5 Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=89.70.5 Donations & Support: http://www.houseoffusion.com/tiny.cfm/54
