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


To: GST who wrote (34123)7/24/2005 6:19:40 PM
From: BubbaFred  Read Replies (1) | Respond to of 116555
 
GST - What do you find so very dumb in this article?

Message 21352516

Just want to broaden my scope, and see the counterpoint.

Thanks



To: GST who wrote (34123)7/25/2005 9:06:38 AM
From: Tommaso  Read Replies (2) | Respond to of 116555
 
The one thing I am fairly confident about is that the demand for energy is not going to decline and that oil and natural; gas prices will remain high and perhaps go higher.

I think that could also be true of a lot of other commodities. I can imagine increasing demand for coffee, cocoa, and orange juice, as people in Asian countries develop or indulge a taste for these. Copper is a wonderfully useful metal--much better than aluminum for most electrical wiring. Things that Americans consider necessities are heretofore unacquired luxuries in much of the world.

The United States is not the only market. I think that a decline of the U. S. dollar against other currencies will efefctively cut the American standard of living (which is wasteful anyway).