Saturday, July 23, 2005

It's not just this....

AlterNet: Big-Time Trouble, but Why Worry? When Molly talks economics, she's like the child calling out that the emperor is naked. What I can't figure is why the stock market goes north when those of us who have to live in the economy are going south. More jobs lost in major companies and the stock market does a run up—go figure. It is good news for the companies, I suppose, but it's not long range good for the economy.

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