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

To: sylvester80 who wrote (21436)	1/12/2002 10:28:35 PM
From: Zeev Hed	Respond to of 99280

It is not a question od "smaller countries", Belgium and Holland are even smaller. Greece and Spain have unique problems, partially explained by Steve in a recent post, and Spain in particular has a problem due to its close economic ties to South America. They are not going to escape the disaster in Argentine unscathed. Greece problems are more endemic and related o a much less developed infrastructure, which inhibit the growth. The Sodom bed imposed by the Union will, IMTO, keep Greece from developing its infrastructure to match that of the rest (or most of the rest) of Europe, keeping it more backward, and thus resulting in less than potential growth and possibly even severe "brain drain" to more prosperous parts of Europe. What is happening in Turkey right now, could easily happen in Greece if the balance between fiscal and monetary policies are lost, and now they are. Zeev