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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Taikun who wrote (48858)4/21/2004 2:27:07 AM
From: TobagoJack  Read Replies (2) of 74559
 
:0)
A buddy had commented late last year that a Utah based steel plant could be used to supply China.

Today he informs me that some China outfit bought the whole plant and is in process of moving everything to China.

This appears to be a different variation on the 'outsourcing' model.

Who said all that printed fiat money is not useful?

Who said creditors can be stiffed by inflation/printing?

If only things are so simple as borrow and not pay back.

J
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