Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Baldur Fjvlnisson who wrote (12443)	1/2/2002 12:13:52 PM
From: Ramsey Su	Read Replies (2) of 74559

Baldur, it is not how good the US economy is but how bad the rest of world is in comparison. If you think the US economy is driven by "scam". I can think of no word to describe Japan, the number 2 economy. Take Europe as a whole, I just don't see how their work attitude is going to remain competitive. 30 hour work weeks and 5 weeks vacation per year may be great for the citizens, but when you have 28 days work months and practically no vacation for billions of workers on the other side of the earth. I have been a bear for so long that I don't even know what a bull looks like anymore. However, I still don't see who could take over the US market's position as safe haven. Ramsey

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