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

To: MeDroogies who wrote (2637)	3/28/2001 9:53:21 PM
From: smolejv@gmx.net	Respond to of 74559

>>Lots of countries were heavy savers << can take Japan as an example. While SU had nothing to consume, Nihon Inc is a different story. For me the negative savings rate and its trend in US indicates, Mr Consumer has (been?) overextended. And re current account: fine to optimize the global Rate of return on capital. Except for the current reality check. >>In theory, it should all net to zero. But it doesn't. << I have to be remembered of this fact now and then (g). Taking economic data (too) seriously reminds me of our friends in neighbouring boards, with their eyes glued to some 8Day gliding blabla. Caution is advised ;) dj