When in doubt Gruss, I return to honesty: I don't know enough about
economics to attempt to prove you wrong, or even to follow all of what you
put forward.

My comments are derived from a broad belief that things tend towards the
middle. When someone tells you everything is great (.com bubble), things are
probably not that good. When someone tells you we are doomed (numerous
occasions), things probably aren't that bad.

When a meteorologist tells you it is going to rain next week, you shake your
head. "How could he possibly know that?" Your mistrust is at least partly
based on the belief that too many unknown variables exist who's outcome
between now and then will be deciding factors.  I think the same things
factor into predictions like these.

I guess what I'm saying is, your arguments may be completely correct and
valid based upon all that economic information you cited. But the ultimate
accuracy of the prediction remains elusive because of the dynamic nature of
the subject matter.

Brian


> > Brian wrote:
> > How is American being "brought to her knees" ??
>
> I can run through the fiscal policy analysis again ...
>
> If that is your position, however, I can't change your mind and I'm
> looking forward to you proving me wrong.
>
> As I said in a previous post: start saving big time right now -
> preferably in Euros.
>
> If this thing is going to blow you'll see it within 3-5 years.  If
> not, hey, you'll have a big savings.  If so, you'll be able to
> repatirate that shinola and buy, buy, buy!  You'll be rich 3 years
> after that.
>
> For example, at the end of last bubble I bought Apple ($14) in tech
> and Devon ($34) in energy.
>
> Apple is up 300% and Devon 200% and all it took was 4 years.
>
> For the future invest heavily in health care.  Vanguard's healthcare
> fund is an excellent long term bet (30 years +).
>
><snip>




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