Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (6426)	7/31/2001 1:46:37 AM
From: smolejv@gmx.net	Read Replies (1) of 74559

Hi CB, you're a dear, thanks for the data. Why do US? Because it's been my impression since about 8 months or more that a lot depends on the US consumer - well include also the German consumer, but I doubt this entity exists (g), same for Japan etc etc. With the latest yrly savings rate of -7% J6P is approaching either a stone wall or at least some hard place. So getting some rough picture of the situation would not hurt. My day-dreaming idea bears already some fruit actually - I'll go through your refs to get some facts. I see one of the dangers (here and at any other thread) of listening more to grapewine and less to the facts (iow what X&Y said about data Z, instead of looking closely ourselves at data Z). So hard facts are rather welcome. They define the society as open and in a working condition - in a thermodynamic sense. Re your project - as a sort of contrarian, a "yes, but..." person I started to collect facts that make 2001 DIFFERENT from 1929. Of course doing it leads to some rather funny, Pavlovian reflexes in terms of approach to one's cup of knowledge - is it half full or is it half empty? Oops, I spilled it (g).... Take care, Coby. dj

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