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

To: TobagoJack who wrote (12135)	12/26/2001 7:48:18 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Thanks. That may prove two of my theories correct: First that the Latins do not save -like the Japanese do- for someone else to borrow their money and have fun with it. They have fun wuth whatever money they land thier hands on!!! Second -in a more sober tone- that all the money that people save for the future, like 401K in the US and pension funds are all used in a similar way you do. Is that so?

To: TobagoJack who wrote (12135)	12/26/2001 7:54:57 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Elmat's first law of Boom Busts and Recoveries: "As long as there is people saving money, there will be Boom, Busts and Recoveries." That because: Savings by those diligent Anglo-Saxons, is lent to the Latins -at ultrageous rates, which no one cares since they are not going to pay anyway- who party with it, pay kick backs, thus causing a Boom which is followed by a Bust. Everything is "digested" a la Brady Bonds, in the late 80s, and everything restars again in a recovery. We are presenlty in the "digestion" phase now.