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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (41114)11/7/2003 3:59:42 PM
From: AC Flyer  Read Replies (2) of 74559
 
>>ACF, I wasn't saying I think China will do 20% growth per year for 20 years. I was just thinking what's possible. 10% is easy enough. I was wondering what an upper bound would be.<<

OK, I'm relieved. You are one of the few guys who really understands how things work.

>>The Biotelecosmictechdot.com bust is over. It's nearly 2004, the Y2K bust was nearly 4 years ago. Markets have cleared, people have been redeployed, there was no deflationary implosion. There was barely a recession. International trade continues apace. It all looks good.<<

Yes, yes, yes, yes, yes and yes! How is it when we are so obviously experiencing an unprecedented increase in global wealth and prosperity that so many are convinced these are the worst of times. I don't get it. Please explain it to me, Mq!
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