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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Archie Meeties who wrote (90243)	1/7/2008 5:08:27 PM
From: GST	Respond to of 110194

Ya, relax, have another drink, I know, I hear it every day from the bartender -- what is his name? Ben?

To: Archie Meeties who wrote (90243)	1/7/2008 5:28:54 PM
From: Riskmgmt	Respond to of 110194

It certainly is nice to get a different view than the usual the US is going down the tubes to a banana republic nonsense. t's not an either/or proposition. The standard of living has been rising globaly now for 20 years with a few interuptions. The expansion of the US economy has had a big part of that, as has continued growth in Europe. The arrival of property rights and other steps toward a market economy in China as well as access to the freest markets has lifted much of Asia out of widespread poverty. Demand for raw materials from the densely populated areas of the world has in turn been good for resource rich economies in South America and the Mid East, who are for once, starting to build infrastructure. Really the only area of the world that hasn't benefited is Subsaharn Africa. You make some good points and with all of it's problems( which it has and always has had) it is still the biggest economic and military power on this planet. Like to see you post more often. regards Ray