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

To: elmatador who wrote (39644)	10/15/2003 10:45:08 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 74559

elmat, As those countries get on board of the world economy, which was monopolized by about 50 years by a group of countries selected in Breton Woods, wealth starts to be spread more even. What we are witnessing, right now, is the push-pull effect Yeah that's my thesis too or my version of Jay's TEOTWAWKI or alternatively what I've called re-balancing... BUT that's not what I'm referring to with AC re: wealth transfer. I'm talking wealth transfer as in... my dad sold his business last year but he's only 68 and I'm 47... so figure I'm too old to wait around but there are many boomers with parents that have substantive savings, real estate, cottages etc.. regards Kastel

To: elmatador who wrote (39644)	10/20/2003 12:44:43 PM
From: TimF	Respond to of 74559

As those countries get on board of the world economy, which was monopolized by about 50 years by a group of countries selected in Breton Woods, wealth starts to be spread more even. What we are witnessing, right now, is the push-pull effect. The ones holding the wealth don't let it go without a fight. I don't think its a zero sum game. As more countries open up their economies more wealth will be created. The poorer countries will get wealthier with this new wealth not from making the richer countries poorer. Tim