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 (34023)	5/20/2003 3:35:21 AM
From: elmatador	of 74559

Ending the export-led growth of Asia is good. Why the fuck they don't just grow internally!!! US/Japan/Europe's economy must grow so that they suck exports from developing countries. I was a small boy then and it was damn clear that: There was a party somewhere. The guys around the table should eat as much as possible so that more bread-crumbs fell on the floor!!! There was something wrong with this picture. Cut to my 20 yearsd experience living abroad: I am yet to see a guy with 3Kg of brain coming from US/Japan/Europe. I am yet to see one with three arms, or that works without sleeping time. It is just a pure, fabrication. All derived from the Bretton Woods Agreement that divided the cake among themselves. But the whole thing is now clear in front of us to see. Only some idiots who learnt economics in the School of Chicago still clinge to the idea that the fabrication still is valid. What if we have a super-boom never yet seen in the history of mankind? Picture the capital will flowing from the countries where there are no economic acitvities to the countries where there is economic activities but no capital. It is far easier now to create the conditions than before. The technology is here. The people in those peripheral economies with their half-backed economists and their lousy economic policies. Message 18916295 Message 16838250

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