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

To: marek_wojna who wrote (45827)	2/8/2004 4:53:24 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

Yes, well, you can think the worst if you like. I've done plenty of rants on money and credit and debts and pixelation of new dollars and "I owe, I owe, it's off to work we go ..." as a motivational force. Debt is a great way of bringing the future into the present. Debt is a good thing. Management of it is the issue. The USA has done a good job of managing debt, 1929 notwithstanding. Record ever unemployment? Where? Less than $1 a day around the globe? Such pay rates only exist where economic freedom is suppressed by political maniacs. India is loosening the chains and money is now gushing in. China is doing the same and tsunamis of cash are flooding in. Pay rates will roar up, the same as they did in Singapore, Hong Kong, Taiwan and South Korea. "Things to come is another promise only to keep peoples minds asleep" - are you suggesting there's some conspiracy? Or maybe that planning for the future and creating a future are somehow bad things. Suit yourself. Mqurice