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


To: TobagoJack who wrote (20125)6/21/2002 8:11:56 PM
From: Box-By-The-Riviera™  Read Replies (1) | Respond to of 74559
 
i've been trying to connect with a/c. can you bridge the spiritual divide?

i sense a chasm in the continuuuuuuuuum.



To: TobagoJack who wrote (20125)6/22/2002 1:37:47 AM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 74559
 
Hey, Jay, in such times I am all ready to admit all my mistakes, appologize for being caustic and negative left and right, know better next time...

But as Saint Augustine sighed, after confessing his sins and promising firmly to change his manners:"Not just yet".

RegZ
dj



To: TobagoJack who wrote (20125)6/22/2002 6:43:57 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
What worries me, it is not the fact that the nosedive continues. What do worry me is that I -and no one else- see any way to turn the world economy up once again.

Unless my two only possibilities: Mass migration or re-colonization.

Is very simple:
Those saturated markets have no remaining niche that could drive an economic growth. People are old. Smug. They ran out of ideas. The whole economy is made out of collusions and special interests. All catered for by continual elections that offer bribes for those who vote for a political party undistinguishable form the previous ones.

Bringing mass migrants to stir the pot and bring in the new blood. Kick out the ruling elites of developing countries which economic forces are restrained by the rules restraining economic growth.

Re-colonization is a good solution because those countries full of economic activity but no money can't attract investment.
It is better for the Swiss to subsidize every cow foot at the tune of a USD1.000, rather than invest in Indonesia and see those USD4.000 turn out as a blue Rolls-Royce of a Suharto son.

It is better for the US banker to lend money for a new coffee shop in a new mega mall, rather than see this money, make a trip to South America and turn up as a condominium in Miami.

It is better for the Germans to pay a guy to stay at home doing bloody nothing, rather then send this money abroad to see it becoming a new golf Course in Thailand.

To avoid the money come back to Florida, avoid a son of the autocrat to buy Lotus luxury car maker, or a new gold course, it is better to have those lenders take the reins of the economies of those countries where there is economic activity and there is no money. Is very simple.

Of course you'll have the Swiss saying the sewage system cannot cope with new people, the Australians saying there won't be water enough, or the Kiwis thinking they will be seeing AK 47 in the hands of children in the NZ streets.

But that is just the smug, old, ran out of ideas, colluded economy people afraid of seeing a new economy born out of the hands, brains and will power of the new comers.