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Strategies & Market Trends : A.I.M Users Group Bulletin Board

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To: OldAIMGuy who wrote (5416)8/25/1998 2:02:00 PM
From: Bruce A. Bowman  Read Replies (1) of 18928
 
Hi Tom- There's some real gloom and doom from economists predicting global economic meltdown. They're projecting Latin America is next. Personally, I think these things have a way of circulating westward around the globe. On that basis, next comes eastern Europe, then western Europe & Africa, then Latin America and the US. Of course I have to ignore the current crisis with the Canadian $, but I'm good at that sort of selective thinking! :-)

In any case, my inclination is that this is the stuff economies are made of and the cyclic excursions go with the turf. Even without media hype to "warn" me about it I expect to get beat up now and then... some occasions worse than others.

Bruce
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