Strictly: Drilling and oil-field services Message Board

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Gold/Mining/Energy : Strictly: Drilling and oil-field services

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To: Lucretius who wrote (21223)	5/3/1998 4:10:00 PM
From: William E Hodal	Read Replies (1) of 95453

Perhaps this is better for your current mindset. ______________________________________________________________________ America's bubble economy The popular explanation within America is that it has entered a new economic era of faster, inflation-free growth, and hence stronger profits, thanks to new technology and globalisation. We beg to differ: america is experiencing a serious asset-price bubble. economist.com ______________________________________________________________________ America bubbles over The American economy is showing dangerous signs of excess. A wave of financial mergers is only the latest evidence economist.com But one thing is sure: the longer America's party is allowed to continue, the worse the eventual hangover will be. ______________________________________________________________________ Bill

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