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<p>[QUOTE=&quot;Cloudsweeper99, post: 1243128, member: 3011&quot;]Those who listened to Prechter and stayed out of the market forfeited a lot of gains over the past couple of decades.&nbsp; I agree with what you said, but Prechter isn&#039;t a fundamentalist and probably never thought the way you do.&nbsp; The US is still a huge food producer for the world, has a major domestic oil-gas-coal energy industry, was the engine for the internet revolution and iPads, is the world&#039;s foremost researcher into new pharmceuticals, has world-class manufacturers like Boeing, etc...&nbsp;&nbsp; This isn&#039;t enough, and there is much work to do to force businesses and politicians to enact the legislation [e.g., tarriffs] needed to grow domestic industry again, but the economic power and recovery potential of the US should never be underestimated.[/QUOTE]</p><p><br /></p>

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