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 (8139)	9/4/2001 10:25:44 AM
From: elmatador	Read Replies (2) of 74559

An US professor was saying (WSJ today) that the potential for growth in the US economy is about 2 to 4%. Growing at present rate of .2% there are a lot of workers that are not needed hence the layoffs. I think the US economy is being "Japanized". It will grow only sideways. The last one is the Japanese trying to construct houses for the elderly to kick start the economy. Mass immigration is the only solution to put fire under the developed countries' economies. It is the only way to use the growth potential of those stagnated economies. Canada could target 50 million inhabitants in the next 23 years. starting with 200.000 a year and then increasing to 500.000 a year. Canada could do the same aiming to 100.000 million in the next 50 years. It would trigger a superboom. One in North America another in Asia.

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