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

To: Cogito Ergo Sum who wrote (7912)8/29/2001 1:38:55 AM
From: elmatador  Respond to of 74559
 
Canada profited from the vacuum created by that huge US economy climbing. On the vacuum created behind it, imports from Canada were sucked in 'com gusto' The problem is when the US economy falls to the ground with a thud, it falls on top of Canada's economy. The bed and the elephant as you cuddly Canadians use to say. Or 'so far from God. So close to the US', as the Mexicans use to say.

Japan is the US of Australia...



To: Cogito Ergo Sum who wrote (7912)8/29/2001 1:39:50 AM
From: Stcgg  Read Replies (2) | Respond to of 74559
 
Another New 17Yr Low for Nikkei..

quote.yahoo.com^N225&d=c&k=c4&t=5d

Nikkei, the 2nd largest global economy has declined from 40,000 in 1990 to 11,000 in 2001.. Secular bears typically erode 90% of stock valuations, giving Nikkei a target of 4,000 upon capitulation.. A decade after Japan began it's decline, the rest of the global economy joined in..

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