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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: tradermike_1999 who wrote (1577)12/26/2000 2:04:57 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
The US economy cannot depend only on the American internal market. That is what has changed and it is not yet recognized.

Euro Inc. does not like a high Euro because there are one Trillion Euros earmarked for the reconstruction of former communist countries.

The US need foreign markets. What the US needs is to get Latin America in a giant market the same way Europe does. Absorbing countries that accept the rules of the game.

Getting poorer countries to walk the line. It happened with Spain, Portugal and Greece. Now will come Poland, Hungary and Czech Republic. THis is good for the European economy.

As long as the US keep depending on the internal market alone grows come to a halt. Exactly what is happening now.