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

To: energyplay who wrote (12235)	12/29/2001 6:45:47 AM
From: elmatador	Respond to of 74559

<<anyone in Brazil surprised?>> Surprised it lasted so long. You've got it! Officialdom wnat things to move so slowly that in the surface of it nothing has changed. Like your metaphora of the crusing ship breaing to the wood at 3 knots. Soft landing, contained depression (Orwellian sounding bites). Rapid economic change invariably means disruption to sectors and geographic regions bringing about political pressures to alleviate pains of adjustment; there are congenial tendencies in our economic institutions and political processes to slow things down, to seek breathing time, and to retard the pace of structural change through measures that shield disrupted enterprises or industrial sectors from global forces of change. Industrialized countries artificially try to keep their share of world’s wealth by protectionism, non-tariff barriers etc.