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View Diary: The Bush Boom continues: 229K Private Payroll jobs in Feb (118 comments)

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  •  The problem (none)
    with all of this information is that it is most likely true, we will have a bust, the question though is when.  If it was this easy to predict when the economy would bust out, the stock market would never overheat, it would chug along at a very predictable pace for eternity.  I remember back in 1997 when many people were talking about a Nasdaq crash, if they followed their advice and shorted, they would have been broke.  I suggest people simply live within their means and invest wisely (diversified).
    •  I see your point (none)
      but a critical factor in the economy is the involvement of human beings with human emotions and human reactions.  They can literally swing markets in the short-term and either speed or suspend downturns and booms.  So yes, you can't predict that on this day of this year the economy will change in this direction for this period of time - but you can evaluate the overall economic metrics against past cycles and at least get a barometer.

      The revolution is coming... and we ARE the revolution.

      by RenaRF on Fri Mar 04, 2005 at 08:46:41 AM PST

      [ Parent ]

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