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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (39797)10/19/2003 2:15:18 PM
From: AC Flyer  Read Replies (1) of 74559
 
>>Wait for the capital flight out of US and the US<<

>>Once capital starts flowing from the countries that have it but no productive economic activities, to the countries that lack capital but has productive activity, it will be tough for the US<<

There is something wonderfully surrealistic about reading endless fantasy-based criticisms of the USA's economic and monetary soundness from a Brazilian. So the USA has "capital....but no productive economic activities". This from a citizen of a country that repudiates its external debt every decade like clockwork and has made hyperinflation into an art form. I am reminded of the vitriolic fantasies of Baldur Fjolnisson, who, as it turned out, lost all his dough in an OTC BB scam run out of Toronto. And for this he declared the SEC to be a "criminal organization" and the USA to be "cursed ground."

What's your story, elmat?
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