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

To: smolejv@gmx.net who wrote (22779)

8/17/2002 8:41:49 PM

From: TobagoJack

Read Replies (1) | Respond to of 74559

Thanks, DJ, I will print it out and read on the boat, if the boat trip is not rained-out. In the meantime, check these places out ... I am cross-referencing the photographic images ...

tcsp.com

... with the references of 'friendliness of people' as was reported in a book I had read ...

[Front Cover]
amazon.com

[Back Cover]
amazon.com

amazon.com

I am tempted to visit New Caladonia, situated near Maurice. I can agree with the following, or the thought resonate:

wayofadventure.com

"It became clear that, to the tribal people of New Caledonia, making a "living" was not about earning money. "Living" meant finding creative ways to survive and then simply enjoying every day immensely ...

... We are rich in proportion to the things we no longer need. One way to become rich is to work hard enough to purchase everything in sight. The other, far more time-efficient, is to decide we simply do not need those things."

I suppose, in some ways, we are doing that already. Taking a Bayer here, pouncing on a Euro there, and hoarding the ancient one, creatively, and cutting back on budgets.

Why hoarding?

Message 17890184

Chugs, Jay

To: smolejv@gmx.net who wrote (22779)	8/17/2002 9:18:36 PM
From: TobagoJack	Read Replies (1) \| Respond to of 74559

Hi DJ, Let me see if I have gotten this straight. The Americans pay USD 12 billion per year to buy Russian spent-uranium fuel, so that the Russians can sell nuclear reactors to Iran, get paid in USDollars, so that Iran can generate more spent-fuel to not sell to the Americans and wean itself away from USDollars, so that the winners in US lawsuits against financiers of urbanized asymmetric warfare will have to unleash the Marines and engage in same unconventional warfare to collect on the judgement, but presumably either in Euro or oil, and all the while Russians can gift to Iraq part of the proceeds from the Americans to keep the Americans busier than ever dropping bombs on Iraq. It is a mad mad world indeed;0) References: Message 17469765 <<Observation: The US spends about USD 12 billion per year to purchase Russian spent-nuclear fuel. This be good business for the Russians>> guardian.co.uk <<Russia has failed to secure guarantees from Iran that Tehran will return spent nuclear fuel which could be converted into weapons-grade plutonium, despite repeated assertions to the contrary from Moscow ... The Russian construction of the 1,000-megawatt reactor at Bushehr, 500 miles south of Tehran … Russia's ministry of atomic energy, which will earn $800m (£570m) from the contracts, says the risk of nuclear arms proliferation is non-existent and has stated repeatedly that the spent fuel is to be repatriated to Russia for storage or reprocessing. But a paper in the confidential documents, written for the Kremlin by the atomic energy ministry, contradicts that assurance>> Message 17890284 <<Russia and Iraq Are Close To Signing $40 Billion Pact Associated Press MOSCOW -- Russia and Iraq are preparing to sign a $40 billion economic cooperation plan, the Iraqi ambassador to Moscow said Saturday. News of the pact follows signs that Moscow, despite its strong support for the U.S.-led antiterrorism coalition, is maintaining or improving ties with Iran and North Korea. Along with Iraq, those two countries make up what President Bush has labeled an "axis of evil.">> ... and ... Message 17890184 <<Saturday August 17, 8:29 am Eastern Time Dow Jones Business News Iran Mulls Dropping Dollar As Currency Of Oil Sales -Report TEHRAN -(Dow Jones)- Iran is considering whether to change the currency basis of its crude oil sale from the U.S. dollar to the euro to avert losses from the declining value of the dollar against major world currencies, managing director of the National Iranian Oil Co., Seyyed Mehdi Mir-Moezzi, said in remarks published Saturday.>> <<Sept. 11 Families Join to Sue Saudis Banks, Charities and Royals Accused Of Funding al Qaeda Terrorist Network By Susan Schmidt Washington Post Staff Writer Friday, August 16, 2002; Page A04 Families of 600 people killed in the Sept. 11 attacks filed suit yesterday against Saudi Arabian banks and charities and members of the royal family, accusing them of financially sponsoring the al Qaeda terrorist network and its leader, Osama bin Laden ... Banding together to seek hundreds of billions of dollars in damages... ">> Chugs, Jay

To: smolejv@gmx.net who wrote (22779)	8/18/2002 8:43:22 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Good evening DJ, I read this prudentbear.com as you suggested, and feel slightly less uneasy, knowing that the system will probably collapse and thus be cleansed, making way for a new and brighter day. [EDIT: I know, I know, Maurice will say ‘what collapse?’ Do not worry about it Maurice, just buy Q; so far it hasn’t worked to ward off the evil of capital loss, so maybe the cold logic of bear market will change and have Q go up while all else fries] I was surprised by the corporate debt to net tangible asset ratio. I fractal-scaled down to images of leveraged families and up to balance-sheet state of cities, nations and currency blocks. The collage of debt is unattractive, and the tapestry of derivatives is nasty. The basic premise of our investment activities may be ‘there is not very much out there that will be worth more than they are now’; fundamental goal of our maneuverings remains ‘to do better than the next chump’; primary objective may be ‘asset protection’ as opposed to capital gain or current income; and the way to achieve the objective may be to ‘opt out of the system as much as prudently wise’. We stand enough of a good chance at experiencing either a fractal-scaled Japanese Implosion or Argentine Collapse, and so better assume the brace position. Ok, must go, time to watch the X-Files, followed by Star Trek, the Next Generation. Chugs, Jay