Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (2710)	12/15/2005 2:34:59 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 217764

TJ, "average" is the way to measure it. Or, maybe "median" could be used. Of course some places are going backwards, such as Zimbabwe and South African, which is not surprising. But even they are doing better in some ways. Places doing better: Japan Russia China India USA Europe South Korea That's a LOT of people. Far more than the "average" and others are doing better too, such as Canada, Australia, NZ, South America, Mexico. Perhaps it's disappointing to doomsters, but despite high energy prices and various dramas such as Iraq, things are getting better, and quickly. <<"On average world standards of living are rising in large part because of the widening embrace of competitive free markets, especially by populous and growing China and India," he said. A copy of his prepared remarks were distributed in Washington. Since the autumn of 2001, global gross domestic product per capita has grown more than 8 percent, Greenspan said. Growth in developing Asia, where so many of the world's poor reside, has been considerably faster, he added.> > Hooray for Uncle Al KBE! He will go out at the end of the script I thought would start way back in May 1999 and finish only a year or two later. Good for him. It has been a lengthy and deep valley from Y2K interest rate highs, down to 1%, and back up again to "neutral" interest rates, which won't arrive until Big Ben has taken over and done one Happy Meal increase, just for fun and to show he's sticking with good management. He can justifiably consider he has done a pretty decent job. Mqurice