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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: sea_urchin who wrote (21408)	7/15/2004 7:01:14 PM
From: sea_urchin	Read Replies (1) \| Respond to of 81312

Latest from Marc Faber ameinfo.com >>today's economic conditions are widely different than what we had in the early 1980s. In particular, today's debt load, the vulnerable position of the US dollar against the Asian currencies, the long-term price cycle in terms of commodities and interest rates likely to have bottomed out and having embarked on a rising trend, the consumer's debt load, and stock valuations are such that a sustainable healthy recovery is unlikely to shape our future. In fact, I would argue that conditions are now so blatantly different that a 'Bush Economic Boom' is almost certainly to end up in a 'Bush Economic Slump ' perfectly matching the 'Bush Military Calamity'. <<