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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: TH who wrote (12543)	9/30/2004 2:08:45 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

Snow: global economy roaring Thursday, September 30, 2004 2:26:15 PM WASHINGTON (AFX) - The global economy is in its best shape in three decades and no major economy is in recession or facing high inflation, Treasury Secretary John Snow said Thursday. "Talk of 'bubbles, 'overshooting' or 'hard landings' is rarely heard these days," Snow said in remarks prepared for delivery to the Bretton Woods Committee. "We can - and should - celebrate the fact that, this year, there is no major financial crisis to talk about. Remember that in the 1990s we were preoccupied with such crises," Snow said