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To: dennisw
Real GDP has been declining for some time and private sector jobs along with it.

Corporations have plenty of cash but won't invest it in productive enterprise because of foreign competition so they acquire other corporations. M&A activity is way up.

The Chinese/Japanese are at war with us by refusing to re-value their currencies.

We are looking at Stagflation, Part II.


BUMP

201 posted on 02/15/2005 9:57:22 AM PST by tm22721
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To: tm22721; Toddsterpatriot
Real GDP has been declining for some time and private sector jobs along with it.

OMG LOL
Where do you come-up with this stuff?

521 posted on 02/16/2005 7:20:58 AM PST by 1rudeboy
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