Quote:
Originally Posted by charles brough
Is anyone willing to make prediction of where the economy will go from here---and when?
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Hi Charles,
Considering that the G20 just announced that they would make the global financial system more transparent, among other things, why do I find it very strange that Fox Business, Bloomberg and CNBC on cable all refer to the DJIA instead of the DOW that they have been quoting for the past couple of years????
The last time I saw the plain DOW it was around 200-250 points below the DJIA, and that was only a couple of days ago.
The real value of the DOW should actually be about 5000 if you continue the growth rate from between 1987 and 1993 and project it towards 2008.
There's one way to tell if the G20 politicians are lying, check out Australias 'comedy hour' (commonly called question time by Australian politicians), if our politicians give up their childish avoidance of public scrutiny and responsibility in the next sessions of the 'comedy hour' then their might be a chance that they're telling the truth, unfortunately they cannot help themselves so I doubt it.
