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


To: ig who wrote (24566)10/25/2002 10:21:06 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hello IG, good to know that you drop by here on BBR every so often, though not often enough. On <<On a related matter, I thought of you when I read the following. I wonder if you might have a comment ...
Message 18155053 >>

I read the daily output of Bonner and his happy band of trouble-makers and sheet-stirrers every awful or dreadful day, and also every other frisky day. On the particular issue you linked, I doubt the change process will happen as quickly as some people imply, but none-the-less could surprise folks with its accelerating pace. The uncertainty of timing and of the interim details is what makes me watch these Message 18156091 and do this Message 18156903 .

As an investor, I believe there are plenty of US-based companies that are positioned or positioning for globalization which will see increased profitability, based on global brand name, planet-wide distribution, and China manufacturing, and especially so if they can retain international electorate following.

As an observer of crowds, I am concerned about political blowbacks and such.

Chugs, Jay



To: ig who wrote (24566)10/25/2002 10:51:50 PM
From: Maurice Winn  Read Replies (1) | Respond to of 74559
 
IG, there are several contenders to take over from the USA as economic hegemonist. There's the obvious China. But there's Islam as a potential one, or a the long-promised re-run of Christian nirvana. My favourite remains the supranational It of cyberspace = individuals and cyberspace Itself, not bound by geography or other anachronisms of chimpoid 3D tribal DNA genocidal lives.

It's surprising what is surprising. Think back to Dec1999. People were trying to figure out what the effect of the Y2K bug was going to be. Would it spell international collapse, war and mayhem? Uncle Al had the tills primed. IT gurus had pontificated for years and people had spent $billions in preparation.

Nothing happened. But while we were watching for the imaginary Y2K bug, a veritable monster sneaked up behind us and within a year, before the real turn of the century, hordes of Irrationally Exuberant leveraged investors had been consumed. Surprise, surprise.

Then, out of the blue, who'd a thunk that the Twin Towers would disappear along with thousands of people, a couple of airliners, within a couple of hours? Surprise, surprise!

What's next? I'd keep a close eye on the sky [big space rocks can make a big mess in a short time]. Maybe AIDS is just a sampling of what viruses can do in the modern age, with the 747 mobility and megalopolis way of life of people making transmission fast and complete. Imagine a quick acting virus, which isn't as difficult to propagate as AIDS, which is really a very fragile beast. How about 'safety'? People like safety and maybe we'll sacrifice any semblance of freedom for safety, becoming nothing but corpuscles in the body politic with Big Brother as our keeper - there are already ominous signs of the success of Safety as the killer app. I'm betting on It - cyberspace taking on a life of It's own as being the next big thing. Maybe It'll come disguised as "Safety" or "Security" - a modern day Trojan Horse.

Mqurice