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To: goldstategop
No one knows what the economy will be like 50 years from now...

My FRiend, no one knows what it will be like 50 months, 50 weeks, 50 days, or 50 hours from now. The folks who think they do are called speculators. Some of them win, and some lose.

But it is absolutely ludicrous to project out 180 years. Imagine someone doing that in 1836. Where would they have made their bets... horses? Canal boats? Slaves?

God only knows the conditions and technologies our great grand children will be dealing with. It could be Startreck stuff, or it could be back to rocks and furs if we don't beat back this Islamofacist threat.

12 posted on 11/02/2006 8:37:45 PM PST by Ditto
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To: Ditto
But it is absolutely ludicrous to project out 180 years. Imagine someone doing that in 1836. Where would they have made their bets... horses? Canal boats? Slaves?

There would be several bets that would still be making money today. However Jackson and the southern political elites would probably put their money in one of two areas that had the bottom fall out; Slaves and horses. There is still money to be made in Canals, Rail (which was just getting started in 1836), Mining, Timber products, and Fishing.

None of those industries will make their investors larger profits than the market average in the near future. If you want to make a killing, invest in the alternative energy company whose technology will be in widespread use twenty years from now. Unfortunately not having a crystal ball that tells me the future, I cannot tell which company that will be.

13 posted on 11/05/2006 7:31:03 AM PST by Fraxinus
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