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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: MSI who wrote (9742)12/1/2001 12:12:55 AM
From: X Y Zebra  Read Replies (1) | Respond to of 99280
 
Your comment reminded me of this:

"We live in a land of abounding quackeries, and if we do not learn how to laugh we succumb to the melancholy disease which afflicts the race of viewers-with-alarm... In no other country known to me is life as safe and agreeable, taking one day with another, as it is in These States. Even in a great Depression few if any starve, and even in a great war the number who suffer by it is vastly surpassed by the number who fatten on it and enjoy it. Thus my view of my country is predominantly tolerant and amiable. I do not believe in democracy, but I am perfectly willing to admit that it provides the only really amusing form of government ever endured by mankind."

H. L. Mencken

____________

I guess Soros is simply "locked-in" on disaster mode... and there won't be any argument that could possibly get him out of it...

I have had a thought that the consolidation of the European Union has been the greatest thing it could have happen to the US Dollar... -g-

That is to say, the US Dollar seems to be the only game in town and so, this has allowed Greenspan more leeway in lowering interest rates and save some from heavy debt loads... for now at least, given the apparent deflation, there may not be threat of inflation, but that could change... I guess it is a matter of choosing between two headed dragons...

One of them has bad breath -g-



To: MSI who wrote (9742)12/1/2001 12:47:04 AM
From: LTK007  Read Replies (1) | Respond to of 99280
 
<You don't think the US is industrious?> regards your question to Soros. My perverse answer is we have been over the the past 10years or more TOO industrious.We are easily the most work-loaded country in the industrial world.
The problem is back when Japan was in their BOOM,they were the most industrious people in the world and they simply reached a breaking point where a backlash set in---they simply couldn't keep working at that level and maintain their mental health--depression became wide spread and the suicide rate of hard-working individuals commenced to rise(from it simply seems 'all work and no play' can break a man).
The argument has been that our productivity rise was the result of software and other tech magic pills,and to that i say,rubbish--it has been the result of americans working themselves to the max.Overtime/2-3 workers per family/individuals working 2 jobs was escalating as the tech propagandist were saying isn't it wonderful how technology allows us to work less and produce more.
As ever i remain a "The New Economy is Hype" propagandist-Max-