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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Zeev Hed who wrote (11482)12/14/1997 7:46:00 PM
From: kormac  Read Replies (1) | Respond to of 18056
 
Zeev, have you read Lester Thurow's book, The Future of Capitalism.
He mentions there what you say. That i, american consumer's willingness to spend still powers the economies of the world. However he also mentions that US government is more reluctant to help these days, as the cold war is over.

Regards, Seppo



To: Zeev Hed who wrote (11482)12/14/1997 8:26:00 PM
From: j g cordes  Respond to of 18056
 
Maybe so Zeev.. riots are pretty common, remember we had them here in Chicago (Democratic Convention), Watts (racial).. and while political concerns wane and rise the industrial infrastructure is strong there. No answer other than time on this one. But I try to remember that money finds opportunity and will risk many things provided the economic incentive is there. The currency relationships have enhanced the investment risk.

Jim


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