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 (5573)	7/4/2001 12:41:43 PM
From: elmatador	Read Replies (2) of 74559

In the past they could make a real banana republic. No more. JC, who developed is already developed. The one who hasn't, will never will. The window of opportunity for a country to develop was between end of WWII and end of the sixties. After that any golden boy having a go at being a developed country has tanked. Brazil, Egypt, Iran, Phillipines, Nigeria, South Africa, Mexico. All tried but ended up stuck in underdevelopment. Look to Argentina. They were richer than Switzerland or Canada by the beginning of the last century. Today they even managed to become poor!!!

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