Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: westpacific who wrote (6413)	7/29/2001 9:00:52 PM
From: Maurice Winn	Read Replies (1) of 74559

Ravi has predicted 6 of the last 2 recessions. I was suddenly cheered by his prediction of doom for 2001. I'd been getting nervous until then. Brains are uniformly spread around the world but they are being sucked into the USA technology vortex. QUALCOMM is full of Chinese, Indians, Iranians etc. QUALCOMM is teaching more in Peking. They feed the USA economic system. Sure, Nokia, Fujitsu, Toyota and a lot more besides are NOT in the USA and they are creating huge value, innovation and profits. But market capitalisations and techstock market capitalisations are strongly in USA favour. The paradigm-changing technologies tend to come out of the USA, even if they are produced by immigrants working in USA universities and companies. Mq PS: Happy travels Jay. We'll keep a close eye on the Fed.

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