Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: AC Flyer who wrote (27274)	1/10/2003 10:33:01 PM
From: elmatador	Read Replies (1) of 74559

The only hope for the US -and Europe for that matter- to hold to this present position is to have an economic boom in Asia, Eastern Europe or Latin America. If those regions of the world do not grow as fast as they can, the side walk will keep getting close as it pass the floors below 18th.Want a proof? Look to China right now. It is the only game in town and every dick and Harry -and their uncles- are looking for it for salvation. Without places like China to propel world's economy it is down all the way from here. Consumers propelling the US and Euro economies forever? Well, only if you think if they would be offered a third mortgage on their homes!

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