[Rhodes22-list] WAR

[Rik Sandberg]

Slim,

The profits that are made by a few companies don't have a whole lot to do
with it. It's the wages these companies pay to the larger number of people
that are working that moves the economy.

Not sure a war of this magnitude is enough to move the economy all that
much. It probably won't be big enough, or long enough.

The stock market was going to tumble some more anyway sooner or later. This
little burp was no surprise. This war talk just acted like a trigger. Check
any chart you want. The trend is still downward and probably will be for a
while yet. Don't believe all that recovery talk you hear on Bloomberg or
CSNBC. The guys that are supposedly the "expert advisors" on those programs
are also the guys that make a living by brokering you some stock. Of course
they want you to think the market is going back up. You wouldn't buy (go
long) stocks if you thought they were going down, would you?

Rik
----- Original Message -----
From: "Steve Alm" <salm@mn.rr.com>
To: "Rhodes" <rhodes22-list@rhodes22.org>
Sent: Tuesday, January 28, 2003 4:48 PM
Subject: [Rhodes22-list] WAR


> Just the "jitters" of war have tumbled the stock market.  Explain to me
> again how a war will boost our economy???  It costs zillions to send in
the
> troops and zillions more to rebuild what we are about to destroy.  Is this
> really offset by the profits that are made by the few companies that
produce
> munitions, food, clothing, hardware, supplies, fuel, etc.???
>
> Am I missing something here?
>
> Slim
>
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