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


To: TobagoJack who wrote (6308)7/27/2001 12:24:07 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
>>BTW...this thread seems to be turning even darker than at the beginning of the year<< I'd say that - although we must be somewhere in the top percentile in terms of wealth and education, our emotional and moral IQ is somewhere in top percentiles as well. In other words we are able to see/understand how the current situation applies to the other 99%, not just to our egocentric 1%.

I just hope that eventually we're all better off. BUT - here's another story:

a) BSE, healthy food,methane emissions aka "meat destroys ozon layer" blablabla leads to meat replacements in the diat of unhealthy wealthy -
b) soya hits big USA, Brasil, Argentina start growing it
c) additional forest destruction results
d) go to point a? No, were there, done that ...

dj



To: TobagoJack who wrote (6308)7/27/2001 1:00:48 AM
From: Ilaine  Read Replies (2) | Respond to of 74559
 
>>gradually but surely, this thread seems to be turning even darker than at the beginning of the year. Is it my imagination? <<

I wasn't reading this thread at the beginning of the year, but in the relatively short amount of time since I've been posting here your own posts seem to have become much darker.

The world is a darker place. That's true.

There's no question any longer but that we are in a recession. Second quarter sucked, third quarter is probably going to suck, fourth quarter has no reason to expect improvement.

Deflation isn't so bad unless you can't liquidate fast enough to pay off your debts before you default.