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

To: TobagoJack who wrote (8185)	9/5/2001 11:50:54 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

After the dismal seasons' economic results, the wool will be pulled out of the average citizen. He is going to see that he is not on a extended vacation. There are no jobs at the end of this extended vacation. The guys that are leaving school will feel the pinch of not having jobs. The write offs of thos einvestments in the young companies sold by VCs will be brutal. Witness Marconi writing off Fore this week or Nortel writing off Promatory a couple of months back. The job cuts, today most attrition and natrural wastage will start biting hard. That is "bottom" for me, Jay. Sorry we Latins tend to be not very economical with words to explain a concept.

To: TobagoJack who wrote (8185)	9/5/2001 12:30:42 PM
From: marcos	Read Replies (1) \| Respond to of 74559

This sort of Corn Laws/Smoot-Hawley protectionist shot across the bow of world trade beginning with the attack on canadian softwood lumber producers bodes ill for the economic near future, as by gouging its domestic consumers in this fashion the US is damaging housing, which has held up quite well to this point ... i am amazed at the lack of discussion on this issue, no one seems to notice, outside of a few Washington lobbyists for the timber barons and the half of the principal industry of this province which is currently unemployed due to the recently imposed 'tariff' ... there is a thread on the question here - Subject 51596 There must come, and there will come, a vigourous canadian response to this hypocritical attempt at theft - if two nations so closely and for so long allied cannot engage in free trade, what future has world trade anywhere?