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


To: Maurice Winn who wrote (20525)6/28/2002 7:07:31 PM
From: AC Flyer  Read Replies (3) | Respond to of 74559
 
Hi, Mq:

>>While it's true that the USA baby-boomer economic production bust will be going on then, keep in mind that the USA is only 300 million of 6,000 million people. Most of the 6,000 million are young.<<

To quote George W., "we don't give a Texas jackalope's ass about that!"

The point is, the US (and much of Europe, and Australia, and New Zealand) will start its Japan imitation right around 2009. The fleet of foot will be able to move their worldly wealth into yen and RMB-denominated accounts, but it will still suck in the US for about 14 years as real asset prices collapse. Not to mention the pain of enduring the na-na-na-boo-boos from Raymond (just call me "el duce") Duray et al.