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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: smolejv@gmx.net who wrote (4256)	10/8/1998 7:11:00 AM
From: MonsieurGonzo	Read Replies (1) \| Respond to of 11051

DJ; RE:" with dollars ?" >Tell me, how do you intend to buy yer bows and arrows down the road? with dollars? Tell me, what is it like to live in an industrial colony of the empire when the empire decides not to buy anything from you ? (^_^) seriously - biggest problem I see coming at us is soaring unemployment throughout the EU. This has always been the achilles heel of the Union IMHO. One -in- Four out of work in the EU is quite likely by QTR-1 1999. Workers will pressure their (local) politicians for welfare/supports, further draining credit liquidity and stressing the centralized EU authority. The worker supports, health care and mobility are a lot better in The States than in the EU - this whole idea that workers are better off within EU democratic socialism is a cruel illusion. Layoffs over in the States have already started, BTW - should accelerate smartly post-Christmas retail season. The EU framework glossed-over the nationalistic questions of social welfare supports - leaving it de-centralized. It could be total chaos in Europe, trying to deal with One -in- Four unemployment, a stalled export-dependent economy, and little or no new kapital investment. Fortunately, we have a two-year crop surplus. -Steve