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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (18989)5/15/2002 5:52:43 PM
From: Maurice Winn   of 74559
 
A very interesting exposition Jay. Thanks.

<After all, the aggregate group of advisors got us to where we are today.>

A little line, but there is a great deal of value stored in that comment; more value than a gold bar.

For all the progress, creativity, technology, genius, political hissing and roaring and struggles over eons, here we are, right here, right now.

Actually, looking out my window, it's very, very good! But I know from travels and communications that the rest of the world doesn't look the same as my window, especially as seen through billions of other pairs of eyes.

I would add that things are not so bad that they can only get better [a common buy the dip refrain]. Things are never so bad that they can't get worse. Even though nearly everyone claims to be making improvements [no doubt including Atta and Osama] the world is full of crying children, right now. Their sadness and fear will live with them all their lives, reflecting back on we who failed to create a world of happiness.

Which is not to say that things will get worse. My bet is that things will get better and better as always, with just the dips on the road to nirvana being [relatively] minor judder bars.

The Holocaust was a detail of history. I know Le Pen is criticized for saying that [supposedly he said that, but the context is not reported]. But it's true. There are 6 billion people alive now and over the past 1000 years there have been something like 15 billion alive [or is it only 10 billion?] 15,000,000,000:4,000,000 is 4,000:1. Which makes the 1 a detail of history.

It is only the collectivist approach to history which makes the Holocaust loom large in our minds.

Mao's Great Leap Forward and Cultural Revolution is another detail of history.

However, these details continue to have a major impact on our lives. There is also the risk that such ideas will once again be brought to bear to get the masses properly ordered in collective harmony. When authorities [and masses] see ructions and economic disruption, they are inclined to take some strong if stupid actions.

The advisors, expert though they may be, will be struggling to keep things on the road to peace, light, harmony and happiness.

But things can get better too. I'm going to make it better by going to play golf. A detail of history, but I did a 78 recently [best round ever].

Details, details,
Mqurice
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