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


To: Snowshoe who wrote (21490)7/20/2002 9:28:21 PM
From: TobagoJack  Respond to of 74559
 
Hi Snowshoe, <<competition ... The Euro is good. Other parts of the world should organize their own regional economic zones and currencies>>

Yup, I agree, as both diversifies the global economic DNA pool, the better for global survival.

<<AZ ... with mom... Still plenty of consumption ... stores and roads were clogged!>>

Yup, time with mom to be treasured, and clogged shopping streets stuffed with big SUVs give the world more time to adjust. We must all do our collective bit to ensure smoother transition through the plain paper mapped territory.

My office took Friday afternoon off, had a leisurely expensive lunch at a popular Shanghainese restaurant (but the normally 100% packed double serving place was only 75% full on Friday lunch hour during the early part of what I believe to be a bad recession or light depression), walked around the shopping streets and malls, and then caught a 2:00pm movie (Man in Black II).

While strolling on this side of the Pacific, we saw lots of watches, many loose diamonds, plethora of funky electronics, and plenty of media products. The temptation to buy was nil. The animal spirit was lacking.

And so you must double up your buying to keep matters even.

Chugs, Jay