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The dueling Mr. Lawler and Mr. Saletta make compelling arguments. Thus, with reservation, i stay bullish. My choice, though, to remain bullish is not based in hopeful optimism. In the following paraphrase of Lawling's rebuttal comment that, "...advancements in the financial sector have enabled government and private corporations to better prevent or adjust to economic shocks without triggering meltdowns in the economy" (4JAN07, paragraph 4 Lawler's rebuttal) is my optimism based.

Interestingly, by stating Federal Reserve Chief Ben Bernanke's comment about asking China to allow the yuan to appreciate against the dollar, Chuck Salletta's bearish argument (at least that part) could be taken as buttressing the bullish point of Lawler's advancement argument (see, Sallatta"s second paragraph 4JAN07.)
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