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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: BubbaFred who wrote (40657)11/2/2003 8:26:43 AM
From: elmatador   of 74559
 
Last century we saw dirty poor countries; Sweden, Norway, Denmark, Ireland -which, by the way used to export people to the US- becoming rich. Brazil used to send aid to Sweden in the 19th century!!!!!

There's no reason why this century can't see other countries progressing too. China perhaps will show the way that it is possible.

Don't think that the trick will be done the same way elsewhere, i.e., exporting their way it poverty, perhaps there are other ways that should be tried.

We are always prisioner of some long time dead economist, ideas, which, for all practial purposes have lost their meaning. It needs someone to turn the whole constrcut around and give at a hard look. Don't expect a person from a rich country to think that way. They are spoiled and run out of ideas.

It will come from somewhere you would not expect. You need some group of guys to violate all the rules.
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