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


To: 2MAR$ who wrote (41135)11/7/2003 7:39:32 PM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Lets define 'doomed'. People refer as doomed as to the change of the status of the US, not as that a USD13 trilion economy will vanish in a coupe of decades.

Or, more laughinly, as a result of a cataclism.

When countries return to their natural size, is like when we the human body gets old. Our bodies still do the same stuff, less efficient, lees output, higher maintenance, need to be use with more care. You've get the picture.

That 15 year old in a Nebraska one day wake up and see, yeah, we are great still, but not that much when measured against the other countries out there. I guess to a poeple so much accostumed to tap themselves in their own back as national pride it will hurt for a couple of generations.

yeah, I'm still great, but I don't climb a 60m microwave radio relay tower in 63 seconds as I did when I was 23.

But I can enjoy USD50 Cabernet Sauvigon wine and know this world work. I didn't when I was 23.