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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: craig crawford who wrote (7844)7/8/2001 6:26:18 PM
From: craig crawford  Respond to of 57684
 
oh and i almost forgot. the govt always phucks things up by sticking their nose in the free market where it doesn't belong. nixon did it in the 70's with wage and price controls to pander to constituents, and now govt bureaucrats are putting in price controls on electricity. govt officials are trying to sue refiners and ipp's for price gouging and such. everytime the govt tries to come in and pander to the public by regulating prices they always end up driving them even higher in the end.

and environmentalists are a commodity investor's best friend. they always try to interfere and make things prohibitively expensive which interrupts the supply as well.



To: craig crawford who wrote (7844)7/8/2001 7:14:19 PM
From: Bill Harmond  Read Replies (3) | Respond to of 57684
 
I think what you describe is a 19th Century strategic view.

I think today's correct theory is based on communication: Because North America and Eurpean Union dominate the world economy with open markets, others including OPEC and China recognize that globalization is a good thing.

What color does zinc cause in fireworks?


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