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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (6412)7/29/2001 8:06:10 PM
From: westpacific  Read Replies (1) of 74559
 
Maurice - you are right about Ravi. However he does have some valid points that cannot be ignored.

I do think that the Clinton era was all about the FED. Clinton brought in two FED appointees and Greenie himself is more alined with the Democrats.

So in overall context I think you have to look at some of the points Ravi makes.

And also I do agree that the technology revolution is the future from an investment standpoint. But I disagree it is all in the US. Europe, Japan, some Asian nations, India, China have some brilliant minds and technology talent.

And do not forget that things like software can be copied and engineers overseas can develop it just as easily.

So overall the US is not out of the woods just yet and Ravi may still be made out to be right.

We shall see, but the story unfolds on way or the other within the next year - so we do not have long to wait.

All the best

West
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