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

To: Snowshoe who wrote (23031)	8/27/2002 12:53:12 AM
From: Snowshoe	Respond to of 74559

We haven't heard from Ray Duray in awhile. I wonder if he got kicked off SI again, or found a new place to inculcate struggle in the minds of the masses? Hmmm... Maybe he's over in South Africa protesting at the Earth Summit... Lobsters, caviar and brandy for MPs at summit on starvation thesun.co.uk

To: Snowshoe who wrote (23031)	8/27/2002 1:05:24 AM
From: elmatador	Read Replies (1) \| Respond to of 74559

Add postponing to pinch pennies and consumer market is in doldrums. Beyond groceries and the fixed expenses such as: utilities' bills, school fees plus materials at beginning of term, insurance, licensing the car, hair cuts etc, there is a lot of expenses (with heavy weight in the economy) that can be postponed for 12 to 18 months, even if we account for planned obsolescence: Replacing a PC Replacing a car Home improvement + new furniture Sports goods (new tennis racket, pair hiking boots and such) Renewing wardrobe Replacing stereo Replacing old TV for bigger and flatter screen Holidays ... ... In the other hand people like to reward themselves, and then -probably- eating out, going to movies, will increase. All that would point for lower container shipments.