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Old 01-15-2002, 10:54 AM   #15
Barry the Sprout
White Dragon
 

Join Date: October 19, 2001
Location: York, UK.
Age: 42
Posts: 1,815
I know it looks like things are back on track but are they really as stable as they appear? Remember that a lot of the US's strength comes from a lack of competitors on the same scale. Now that strength is being removed I think. The Euro has been introduced and was far from the logistic nightmare that has until now scared away economists. Whilst it hasn't skyrocketed it hasn't collapsed, which is an overwhelmingly good sign for an entirely new currency. This is coupled with the fact that the whole world is watching America at the moment and a large portion aren't liking what they see.

Basically what I am saying is that 6 months ago the US was the stable option economically. The Euro was a massive risk. Now the Euro is much less risky and it coincides with a time when the US appears to be under attack in a way it hasn't been for quite some time. The attacks physically were only minimally effective, but coupled with the US response and the rise in other alternatives to US investment... I don't think a collapse is on the cards any time soon but I think this could signal the start of the decline that was mentioned earlier. I don't mean to be all doom and gloom, no really, I don't.

Don't beleive me? Bah Humbug!
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[img]\"http://img1.ranchoweb.com/images/sproutman/certwist.gif\" alt=\" - \" /><br /><br /><i>\"And the angels all pallid and wan,<br />Uprising, unveiling, affirm,<br />That the play is the tragedy, man,<br />And its hero the Conquerer Worm.\"</i><br /> - Edgar Allan Poe
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