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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?


To: oldirtybastard who wrote (3144)10/24/2000 12:01:56 PM
From: RockyBalboa  Read Replies (2) | Respond to of 3543
 
oldirty,

I often watch the CNBC "Europe today" early in the morning (0:00 - 2:00 EST and the European sqwawk box). They often take a very bearish stance...I remember the funny Englishman talking about the awkward nasdaq bubble. You are right in that the Europeans shook their heads about the U.S. bubble (To some extent, the German Neuer Markt is comparable to it, though).

Things are colling a bit here, thanks to prohibitive energy prices (one litre gas is about $1, makes $4 for the gallon), rising tax rates regardless of socialist or conservative regimes, the tumbling EURO hurting computer oriented business etc.

If you ask me about the Italian government then I would say that they have a worse fama than the backyard of the U.S. (the americas). In Italy,...not one single thing is done as it ought to be done, let alone anything between construction of motorways, administrating cemetaries, and selling state owned property. ...