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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

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To: sea_biscuit who wrote (21962)3/28/2005 4:50:16 PM
From: Boca_PETE  Read Replies (1) of 42834
 
The past is not necessarily the future. But, the past is not necessarily not the future.

We shall know in 10-20 years. In the interim, major risks to the economy lurk:

- Spreading Islamo-Fascism and related terrorist attacks.
- The headwind of rising energy prices due to growing supply shortages as a result of emerging demand in China and India.
- Ballooning trade deficits from uncontrollable increased costs of imported oil in the coming years.
- Growing interest obligations on growing gross public debt from rising annual deficits and rising interest rates.

However, good old American resourcefulness could bring an energy paradigm shift to hydrogen fuel cell propulsion sooner than expected changing the above dynamics for the better. And the U.S. lead Global War on Terror could successfully reduce the danger to terrorist acts against the economies of Western Democracies.

We live in interesting times, for sure!

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