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

To: elmatador who wrote (5576)	7/4/2001 7:34:34 PM
From: Maurice Winn	Respond to of 74559

<The window of opportunity for a country to develop was between end of WWII and end of the sixties. After that any golden boy having a go at being a developed country has tanked. > Good grief El M, that sounds like some kind of ice-age has descended. Take a look at Singapore, Hong Kong, South Korea, China and Japan. They have boom boom boomed since the end of the sixties. Sure, there have been ups and downs, but Japan is still, despite predictions of their end for a decade, still doing very nicely with the world's highest GNP per person [small countries notwithstanding]. Nigeria is not really a country, it's a war zone. South Africa is now in a mess with people thinking that apartheid was actually harmful to the economy and that democracy would bring them riches. Apartheid wasn't a lot different from women not being allowed to vote, have many jobs etc in the rich countries a mere 100 years ago [or 50 years ago]. Women were chattels. And still are in many places. Being poor is a choice that countries make due to their ignorance. India has been a democracy for half a century and still they choose to be poor. Mqurice