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Strategies & Market Trends : Commodities - The Coming Bull Market
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To: craig crawford who wrote (1065)3/12/2002 3:33:00 AM
From: maceng2  Read Replies (1) of 1643
 
There are many similarities between now and the 1930's. We have had a huge stock market bubble and growth in the money supply. Buchanan and I are in agreement there.

Now we also have trade tariffs. Are trade tariffs helpful to the overall global economy or not. Yes or No?

The USA' wealth is dependent on the global economy. Let's use a Buchanan quote here (for the 1920's).

..."Growth hit 7% a year, fastest in history; and ten years later Versailles America was producing 42% of the world's manufactures, an all-time record."

So was the USA's wealth dependant on the world economy yes or no?? Is Buchanan supposed to be having an intelligent debate here?? Buchanan's use of percentages and statistics is pathetic imho.

What are the factors that causes the depression? That has to be answered honestly without some political agenda as the primary reason for so called "answers". We will have a depression for sure if we just have some hard boiled brainless political speeches thrown about.

If that is the general standard of analytical thinking, we are headed straight for a world wide deep frozen depression imho. It will probably last for thousands of years. It could be called the "World Economic Ice Age" in future history books.
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