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

To: smolejv@gmx.net who wrote (40482)	10/30/2003 7:50:16 AM
From: Haim R. Branisteanu	Read Replies (4) \| Respond to of 74559

Dolinar due the advanced in technology and transportation we are in a global economy. Yes it sounded nice at the beginning as huge markets opened for many industrial nations but what many forgot was that being a poor country does not that they can not learn to produce top notch products. IMHO the World economy follows the laws of Archimedes - meaning poor countries will get higher standard of living and rich country will stagnate or even lower their standard of living. As economic growht and prosperity lags substatialy the world birt rate it means that for Europe and N.America there harder times ahead and for sure we do not like it.

To: smolejv@gmx.net who wrote (40482)	10/30/2003 8:05:59 AM
From: TobagoJack	Read Replies (3) \| Respond to of 74559

Hello DJ, Buffett's IC idea is just more of the same, government intervention, administration, interference, screwups, leading to still more of the same. Here is my proposal, let the market clear by itself, stop manipulating discount rate, cease talking about dollar policy, dismantle the border, put to waste the bureaucracy, terminate the minimum wage regulation, stop supporting the GSEs, and let the chips fall where they may. Chugs, Jay