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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: mishedlo who wrote (16989)11/28/2004 6:50:08 PM
From: CalculatedRisk  Read Replies (1) of 116555
 
Veg makes a strong point on the potential for a Worldwide boycott of American consumer goods. He writes: "I boycott American products actively".

This reminds me of the Exxon boycott in California after the Exxon Valdez oil spill. The boycott wasn't organized; it was just individual actions that caused serious problems for Exxon gas stations. The Exxon boycott might have been misdirected, but it was effective.

I'm sure consumers around the World, when they have a choice, will not select American brands. Veg could be right - this could be the trigger for the next recession.

I hope Veg keeps posting. I understand his frustration, but he has many friends in America.
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