To: Moonman62
What's with the swoon starting in 2000? I thought it was supposed to be a dot com bubble, not a manufacturing bubble.When the bubble burst companies didn't need new telecom equipment.Also, all the pre-Millenium computer buying meant less demand after 2000 started.
48 posted on
07/27/2005 9:03:35 AM PDT by
Toddsterpatriot
(If you agree with Marx, the AFL-CIO and E.P.I. please stop calling yourself a conservative!!)
To: Toddsterpatriot
Right, Y2K had a whole lot to do with the boom and bust. Why didn't Greenspan know that? He inverted the yield curve anyway. Such are the perils of a managed economy.
49 posted on
07/27/2005 9:14:11 AM PDT by
Moonman62
(Federal creed: If it moves tax it. If it keeps moving regulate it. If it stops moving subsidize it)
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