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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: marginmike who wrote (54513)	8/19/2002 7:55:51 PM
From: Clappy	Respond to of 65232

what you will see is the rebirth of inflation as govy print money to pay pensions and maintaining the older population you talk about. Interesting point. I hadn't thought about it that way.

To: marginmike who wrote (54513)	8/19/2002 8:21:45 PM
From: Voltaire	Respond to of 65232

I guess we'll just have to see. Respect your opinion though and JW's too for that matter. vster

To: marginmike who wrote (54513)	8/19/2002 8:55:20 PM
From: Voltaire	Read Replies (1) \| Respond to of 65232

Pensions isolated to this country when the average life span is around 73 for men and 75 for women will be tiny compared to the number of little people slaving their way through life at 75 cents a day producing the goods I am talking about for the rest of the world to consume. The stockpile of inventory in almost all consumables especially food and clothing will be staggering, just ask the American farmer and the FORMER Textile worker. At the tail end of the textile industry in this country about ten years ago the average margin of profit on a running yard of cotton goods was 2 cents. I know, I went to the mills and sold it. Nope, we will not be able to compete with shrouded slavery just as no country could compete with slave labor in this country a 145 years ago. Numbers always win over quality, character and good intentions. Sorry as hell, but it's true. The work of the little people has just begun and it will not stop until we are overrun. Vietnam was a great example just from a numbers and sacrifice standpoint not to mention pride. The same criteria is about to be applied to global economics. vster