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

To: energyplay who wrote (34871)	6/11/2003 6:05:52 AM
From: smolejv@gmx.net	Respond to of 74559

Also a different approach to solutions... Lowering taxes ("to stimulate the demand", Gadz, they got the wrong jingle plugged in here) and on the other hand borrowing from future growth and/or generations is like p*g your pants: it feels oh so good - the first 10 minutes... Does Europe do it any better? Behind all the fiscal and monetary steps there's the big stick looming:"Get your act together or else..." See France in convulsions over (long-due) changes in pension plans. Let me not start on Germany (g) - there's a backlog of legislature on all those issues, that's a street block or two long. And the time is running out - not just for the government. In this sense, I guess we're better off, because we a) take it a little more seriously or even pessimistically and b) we dont max out our credit cards - in J6P we trust... (ng)