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


To: energyplay who wrote (34833)6/9/2003 9:11:10 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
hello ep, bus stuck in traffic, and i am done with overnight news.

the solutions are always available, changing rules, default, or otherwise cheat.

the population are better able to cope if they have savings habit, know not to depend or otherwise trust the officialdom, generally healthy, can find jobs.?



To: energyplay who wrote (34833)6/9/2003 9:38:07 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 74559
 
Hi ep,
4) Some degree of means testing to tax the benefits of the retired rich. Careful. Up here that means lowering the bar so more folks qualify as rich.

3) Baby boomers working a few more years until retirement. Not what this 40 something hopes for ...

Didn't buy any Paramount. Left a small bid in just under 9.00. Haven't decided if I really really want it back. Cash will be all gone soon so it won't matter. Bought some AY.UN.

regards
Kastel



To: energyplay who wrote (34833)6/10/2003 4:29:38 AM
From: elmatador  Read Replies (3) | Respond to of 74559
 
<<working longer>> means more young people unemployed.



To: energyplay who wrote (34833)6/11/2003 2:05:22 AM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 74559
 
re >>Future obligations of US Fed GOVT<< - ignoring for the moment the (relative) size of different positions in the equation, it's interesting to note, that for instance Germany is facing a similar if not the same set of problems:

aging population
inability to meet past obligations - pensions, medical & social care
lack of work

It's also interesting to note the discrepancy between how FED and ECB are being treated: either it's PTC - Praise The Chairman - MQ-style and "ECB is sleeping on their watch" or iit's "Greenspan screwed up royally" and "ECB is sleeping on their watch".

OK, DJ, can you get to the point?

First, there's serious (or at least loud) discussions in Germany going on about the legal work needed to clean up the mess. The Bundestag will take no summer leave the last I heard. Anything like it in US? No, as far as I can tell.

And second, with Sir Greenspan standing in for Achilles and EZB doing the Turtle, the real GDP growth 2001-1Q 2003 was around 1.5% in US and "only" 1.12% in Europe, which brings the difference in a noise-zone. If that's not enough, the official deflators for Euro zone (2002) were 2.3% and 1.6% for US. Here's to the resilience and dynamics of the Big Bro's economy.

So final third point, this all is nothing in view of the dollar flood that's filling up our common economical bath tub - and I dont think it's champagne, even if it prickles our private parts.

RegZ

dj