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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (17196)3/22/2002 7:18:02 AM
From: smolejv@gmx.net  Read Replies (2) of 74559
 
Hi Mq - imagine, I read all of it;

Now, seriously

What Americans need to do... they need to save. Means, they spend less, means a corresponding contraction in GDP. Except iff: Government goes deficit big time - there's signs of it(*) - or iff the current account balance gets even more kinky as it's been.

Still I cant see headlines like "J6P tightening his belt - GDP down 2.5 %"

dj
(*) although I can figure out, why US is spending more on defense than the next 13 in the ranking list (2,3....and on it goes to 14, including all the members of the security council etc etc) I thought we were friends... Imagine what itz would mean to have a real (non-chimaeric) enemy... No problem with GDP growth anymore.
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