Has Europe hit a permanent peak like Japan did?

[Glenn Miller]

Originally Posted by Veneficus

Until Europeans and Japanese start having a lot of babies their economies will remain moribund.

It's as simple as that....except it would be if not for their governments meddling in that too. Way too expensive to raise kids in those places.

I've heard there are other developing countries where they do business like China, India, or Brazil. Maybe that's just an urban legend.

[Veneficus]

Originally Posted by Glenn Miller

Shorting US Steel is a good idea. That company is going to die some day.

They all die "some day", but US steel will retain a competitive edge against the awful quality product coming out of China and India. No one is using Chinese steel for buildings wherein human life/legal liability is a factor.

[Glenn Miller]

Originally Posted by Veneficus

They all die "some day", but US steel will retain a competitive edge against the awful quality product coming out of China and India. No one is using Chinese steel for buildings wherein human life/legal liability is a factor.

Why is US Steel Hemorrhaging money then? Why is it at 90% of it's stock value 6 years ago?

[Veneficus]

Originally Posted by Glenn Miller

Why is US Steel Hemorrhaging money then? Why is it at 90% of it's stock value 6 years ago?

The third world building boom is passing US steel by. See "human rights/legal liabilities not being a factor".

[Glenn Miller]

Originally Posted by veneficus

the third world building boom is passing us steel by. See "human rights/legal liabilities not being a factor".

RIP US Steel!