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


To: TobagoJack who wrote (23679)9/30/2002 9:52:54 PM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
<In the late 1960s, after what was then the longest expansion in history, >

I wonder how much that built into me an excessively optimistic view of the world. I wonder how much Mao's Great Leap Backward built into you an excessively pessimistic view of the world.

I wonder if the two views were added together, as the world economies are increasingly linked together, we'd get somewhere near what's really going on [though the current strike preventing USA imports shows the fragility of the link and continuing stupidity of - not necessarily of those on strike].

So far, that would be true.

Meanwhile, Louis Vuitton Cup racing is now on. First races happening as I write, with Stars and Stripes winning their race [barely, against Britain] and the French Terrorist State's nuclear-powered boat losing in another race by a long way [1.2 kilometres]. Larry Ellison [Oracle/BMW] is racing Prada and I think they said Larry's ahead [literally - he flew into town the other day to get out on the boat and enjoy steering it if it wouldn't hurt their chances].

americascup.nzoom.com

Mqurice



To: TobagoJack who wrote (23679)9/30/2002 9:57:41 PM
From: Maurice Winn  Respond to of 74559
 
“IT'S only when the tide goes out that you can see who's swimming naked.”

Yeah, well, I had my birthday suit on, but decided quite quickly to get a bit more dressy when I realized the tide wasn't coming in any further and there was an undertow as well.

Mq