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


To: LLCF who wrote (48642)4/16/2004 9:34:58 PM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
I think it wise to realize that, while on a road trip in a solid car, the issue is not just how good a driver we are, but how great everybody else is at driving, and how good their vehicles are.



To: LLCF who wrote (48642)4/19/2004 4:26:14 AM
From: Maurice Winn  Read Replies (2) | Respond to of 74559
 
When "numbers of jobs" created in the recovery are counted, we need to include all jobs around the world. The USA isn't an isolated economy. True, from a USA political point of view, it matters a LOT to President Bush whether the jobs are created in the USA or elsewhere. But from a recession/depression/boom/recovery point of view, the world's GDP is what matters. So far, it's going gung ho.

We are in the midst of a huge global boom. There are more people earning more money which buys them more stuff than ever and it's getting better and better. Even in India, finally, they are now buying millions of cellphones and looking forwards to an improving life after decades of post-independence wallowing in socialist poverty = they sent the British packing but kept the British Disease.

Mqurice