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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (72453)2/10/2010 8:29:20 PM
From: Snowshoe  Read Replies (1) of 74559
 
>>having minerals or other natural resources is not associated with wealth<<

That depends on how you manage the profits. The trick is to save during the boom times, rather than going on a borrow and spend spree like foolish Dubai and its many ilk.
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