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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Raymond Duray who wrote (15372)2/22/2002 9:27:20 AM
From: Frank Pembleton  Read Replies (3) of 74559
 
Hey Ray... just one comment, what if two countries decide to build a highway that creates a new trade route? Yes, the ugly word finance comes into play - but aren't we all better off?

...leverage?

Running a deficit for welfare is stupid, but financing capex isn't all bad...

Regards
Frank P.
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