Heinz Blasnik- Views You Can Use Message Board

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Strategies & Market Trends : Heinz Blasnik- Views You Can Use

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To: EL KABONG!!! who wrote (775)	5/6/2003 6:02:11 PM
From: MulhollandDrive	Read Replies (1) of 4912

>>The main difference between the US economy and the European economies is that the USA is capable of survival on domestic demand alone. However, should layoffs and closures continue somewhat unabated, eventually (as in Europe) supply will exceed demand and loss of employment will result in further erosion of demand.<< i believe we are closing in on demand abated deflation as the joblessness increases. in some ways the consumer economy after 9/11 reminds me a bit of the corporate tech economy pre Y2K...and the wall that was hit after the event when businesses went on the anticipatory tech spending spree. now we are seeing the consumer all "housed up, auto'd up, and computer up'd and electronic's up'd" after the low interest and housing refi cash infusion boom.... what will be the next big driver of spending?

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