Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (24117)	10/12/2002 12:53:41 AM
From: Maurice Winn	Read Replies (2) of 74559

<The US will still, due to its debt powered locomotive role, remain the consumption capital of the world,> Jay, China must be consuming quite a few kilograms of stuff now. They are already buying 10 million CDMA phones a year [at the current rate]. That's more than anywhere outside the USA. cdg.org But as you say, Americans will be going to work singing, to the tune of Snow White and the Seven Dwarves "I owe, I owe, it's off to work we go." So there is a lot of impetus for continued economic activity from the two biggies of the world [not to mention India if they ever get going and stop celebrating Independence from Britain, not to mention avoiding war with Pakistan]. Mqurice

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