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


To: TobagoJack who wrote (50499)5/26/2004 2:56:58 AM
From: Maurice Winn  Respond to of 74559
 
<I guess you do not pay for health insurance, are done with education, do not use minerals, no long drive a car, only eat items the price of which are going down, and have no more need to buy a house.>

True Jay - no insurance, education done by you, Google, experience, is toothpaste a mineral?, I do drive a car [1998 Camry, 10 km per litre, still not upgraded to Lexus], food is very cheap [bread, rice, carrots, grape seed oil, flaked yeast, bananas, apples, pears, corn, beans, potatoes, tomatoes, sultanas, etc, etc ...], the house we bought in Y2K is fine.

I don't mind deflation of the house [but I doubt that'll happen much as governments don't want houses dropping too much in price as it upsets the electorate - a spot of monetary pixelation can avoid deflation]. The car is already well depreciated but is in good nick so can go for another decade at my low km per year. Japan seems to supply an unending flood of second-hand cast-off cars so I expect no problem in economic mobility.

Meanwhile, people are going nuts buying CDMA cyberphones and now GSM1x cyberphones [it's ironic that GSM subscribers are now paying royalties to QUALCOMM and buying ASICs too after the holy wars of the mid to late 1990s].

It's looking good, [in totality, if not all details]
Mqurice