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


To: BubbaFred who wrote (60615)2/27/2005 4:37:47 AM
From: elmatador  Respond to of 74559
 
Foreseeing the impacts: Spreading of capital more evenly, will redefine concepts had as absolute truths. We will have new concepts of right and wrong. Of beautiful and ugly, of strong and weak. We need now to foresee the impacts.

in 15 years, Europe will draw back to a sort quasi-communist: re-statize its utilities and banks to pay support for older populations.

The whole continent will ressemble a mix of Sweden cum Switzerland, or what I call the Nestlezation of Europe. Nestle has 98% of its business outside Europe.

The US -in the next 15 years- is much more predictable. It will have a dual track system. Central government will try to preserve its strengths of doling out money and exercising control by sheer economic weight. Foreign politics used to divert attention from the inner problems. The market itself, all those multinationals, the pragmatic people, will continue as the Washington didn't exists. Watch closely and this is already happening in the US.

This will go until it becomes visible even for the uneducated masses. At that stage, politicians will embrace it. IT will be nice to watch the elections of 2016 in the US with the third party going strong as elections approach.