SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: MSI who wrote (9749)12/1/2001 12:14:19 PM
From: X Y Zebra  Respond to of 99280
 
One thing I would like to see different is to inspire, (motivate, or whatever)... the rest of the world to to become more productive.

It cannot be done with only the US setting an example, if it is to succeed, it has to come from within and that may take some doing as there are huge disparities between the haves and have nots. (i.e. consumer power).

I will admit that for now, the debt levels will hinder the possibility for sustained growth. I further believe that the liquidity pump & stimulus will not be enough to improve the situation as it will create new deficits.

We need, (as I believe originally thought out by many telecom companies), the rest of the world to modernize, if we were to follow the original script. However, maybe it is that the rest of the world do not think this way, (or cannot afford it), so there is the rub...

Are we stuck ? How can we unstuck ourselves ? I would say let the market tell us where we will all land... Guidance and manipulation by government Voodoo masters may not be enough. I will also admit that if the Voodoo fails, it will increase the risk. (I should say the consequences)

Today's news of the latest Argentina's financial tango certainly will not help.

Perhaps we do need to take a breather, sit back and think whether we really need the latest techno-gizmo...