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


To: TobagoJack who wrote (50746)6/6/2004 8:27:35 AM
From: maceng2  Read Replies (1) | Respond to of 74559
 
I went to a wholesale store recently (a relative has a card, it's fairly easy to cheat) and bought the following items:-

Leather boots.............. £17.00
Heavy duty hammer drill.....£14.99
Wood router.................£14.99
Collection of router bits...£20.00
900 watt gasoline generator.£69.99

I also had to pay 17.5% VAT on the total. All these goods were of high quality, the drill also had a set of large masonry hammer drills, a spare set of brushes and a container of grease for the gears. The wood router was of an advanced design and also had a set of router bits in a wooden case. I have a garage that is situated too far from my house to supply electric power, but the generator works perfectly. I expect these tools will last me 20 years or longer.

As a comparison, a single large masonry drill bit made in Europe can cost £14.99 or more at the local hardware store.

I have no complaints about the price of tools and clothes in this country. We should be returning some value to the nations who supply these items at such good prices. I haven't figured how we are going to do this at the moment.



To: TobagoJack who wrote (50746)6/6/2004 11:04:25 AM
From: jrhana  Read Replies (3) | Respond to of 74559
 
Pretty impressive nightmarish scenario to complete a Sunday morning

I have found that futuristic projections, even solidly based on stark reality, generally do not reach their ultimate conclusions.

The internet can, as well as being a source for solutions, lead to profound pessimism.



To: TobagoJack who wrote (50746)6/6/2004 8:22:42 PM
From: que seria  Read Replies (1) | Respond to of 74559
 
So, Jay, seen any good comedies lately?

I even doubt the US can close its borders . . . Should all nations go protectionist all at the same time, then ... I suppose there will be a financial collapse, followed by a resource crunch for the non-trading nations, ... and all leading eventually to war.

Either way, a financial collapse is unavoidable, and a big war at some point is certainly a possibility.

This is the abyss we are staring at.

So, Door #1 and gate #2, leading to hell and purgatory.


Fine, then, me first. Staying on the hell and purgatory theme, I got some dark laughs from the over-the-top fight scenes in Kill Bill, part 1, which one might see as an artistic rendition of your market and geopolitical scenario. I prefer the softer and smilier laughs in romantic comedies (as I prefer being long equity to short equity), but nowadays nearly all romantic comedies are dumb funny, which is to say not funny at all. Sort of the way nearly all equity long plays are scary, without meaning to be.