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Gold/Mining/Energy : An obscure ZIM in Africa traded Down Under -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (309)	10/2/2002 10:06:23 AM
From: smolejv@gmx.net	Respond to of 867

>>It is at this juncture, where 2 roads diverged in the yellow road of economics, that Greenspan chose the other fork in the road...He remains mesmerizing for he understands the only way to sustain the forward movement of our economy is to keep consumption spending up<< Well, fine. But why sustain Real Estate ?! So that Business has self-corrected .... and is ready to Invest again? Bull - J6P should quit working and just spend 24hrs on QVC. Business will invest alright, but it feels like China to me. It's all been going this direction for sooo long, it's like the Valdez tanker. Otherwise ... nice warm day in Munich and I hope you're doing fine, Jay. Still have not fixed my scanner, but I am painting on. RegZ dj

To: TobagoJack who wrote (309)	10/2/2002 5:39:45 PM
From: Maurice Winn	Read Replies (1) \| Respond to of 867

Excellent find Jay. Thanks. <And if Greenspan pulls this off he will have truly been the Last of the Magicians for he will have averted the Great Depression that visits the earth every 60 or so years. [7] And my wager is that he will. For he has taken us down the path less traveled by. And that has made all the Difference. Adrian Churn 3rd September, 2002 Victoria, Hong Kong> I reckon Adrian has it right. What has impressed me is that the crunch has been far more than I thought it would be and we are still on an even keel. Unemployment in the normal range. Production steady enough. Inflation near zero. Deflation near zero. Redeployment, restructuring and refinancing proceeding apace. No implosion. So far anyway. Argentina and individual companies and people notwithstanding. Systemically, the system is strong [or if not strong, still functioning well]. Meanwhile, the engine room of the global economy [China] continues to burgeon - as far as I can tell from here. I expect you and others would point out any problems and report back. Sure, China is still relatively small in US$ terms, but in absolute terms of how many people are doing what, it's amazing. I really should go and do my close up and personal inspection for a reality check. Mqurice Mqurice