Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (24754)	10/30/2002 7:56:03 PM
From: maceng2	of 74559

I suspect they will not make one iota of difference in the big picture. From an investment POV yes. The political backlash will not alter the best places to put our money. Not in the next five years or so. My point is the political trend will change. After recent history, multi nationals requesting governments play fair and "open up their markets" will be met with howls of derision. Trade barriers will spring up through one mechanism and another. The "home turf" will become more important then any other issue. I think Multi Nationals might actually have a hard time of it, no matter how much political influence they peddle. I can't imagine the current arrangement ("Common EEC policy") fishing in the UK's waters will be mentioned for much longer. It will be political suicide as people talk about the terrible blunders that have taken place. Jobs and manufacturing, imports / exports, all those things will be at the top of the political list in nearly every country. Interesting how Brazil is going to pan out. Message 18162647

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