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


To: carranza2 who wrote (20576)6/29/2002 4:09:06 PM
From: smolejv@gmx.net  Respond to of 74559
 
Hi Carranza - my answer for French is I dont know and for Germans, see my translation of the article on this subject:

xave.de

The two numbers, 3.1% and 15% are on the opposite sides of the interval. The natural, economy-in-stasis number should probably be equal to the rate of growth of the economy. If that would be good or bad... probably generations of economists already hyperventilated on this question. In any case, US should save more, and Europe spend more. Which is probably wishful thinking - if this happened, US would feel bad, and Germans (with their near-anal fixation on saving) would feel bad as well. It's all in the heads, I guess.

BTW, I try to provide information, rather then preach convictions, which are (even here) too often unsupported by external facts.