Originally Posted by
Ted Menelly
The world needs a much slower growth but steady growth. With the rocket ship mentality it is going to be the ruin of nations. It always has and always will.
Hit a recession or slow spot and then slowly come out of it and then take off like a rocket. I think we all have a good future ahead of us but before I drop dead I am sure I will see a few more slow downs and then rocket ship growth. Unless some brainchilds come up with a formula for even growth I pity our grand children's children. I do not think I would want to be around in that time.
Gees, that sounds pretty gloomy. Hmmm Just think of China's growth in industry trying to pump out more goods than the world could ever use. What if India takes off like that. 2 countries with a billion plus people each pumping out goods for the world. Talk about world economics destroyed.
Yea but we encouraged them to become capitalist and now they are using so much material the laws of supply and demand are requiring us to pay more for everything. Oil, cement,lumber etc. I think we will be dieing about the right time. The future is so dull I need a streamlight!