What's the next boom ?

renferme · 04-19-2007, 07:51 AM

Stocks boomed in the 90's and crashed in 2000.
Real Estate boomed in the early 2000's and has come back to earth in the last
year (at least partly so).

What's the next BOOM ? Any guesses ?

BUM · 04-19-2007, 08:04 AM

Follow the Yellow BRIC Road!

Thats BRIC as in Brazil Russia India China

Delawaredave · 04-19-2007, 08:09 AM

I think there's a "global liquidity glut" and all asset classes are fully valued.

But if I had to speculate: I think the "US manufacturing pendulum might swing the other way". The dollar will devalue, the yuan will appreciate, shipping stuff over oceans will get more expensive - and there might be a "resurgence" in US manufacturing.

BUM · 04-19-2007, 08:16 AM

Quote:

Originally Posted by Delawaredave

shipping stuff over oceans will get more expensive

From your lips to God's ears.

brewer12345 · 04-19-2007, 08:25 AM

Quote:

Originally Posted by Delawaredave

shipping stuff over oceans will get more expensive

Already happened. The cost to ship bulk stuff (coal, ore, grain, fertilizer, cement, etc.) has more than doubled in the last year.

kcowan · 04-19-2007, 11:12 AM

Nanotechnology, energy conservation and health care.

China, India and some lesser SEA countries.

justin · 04-19-2007, 11:22 AM

Hasn't the BRIC cat already jumped out of the bag? It isn't "the next big thing", it was the last big thing.

haha · 04-19-2007, 12:07 PM

The premise of this thread is that there will be a transmutation of a speculative boom rather than a splat that just lies on the ground DOA. Which I agree with, but also find very interesting. What was the boom anywhere in the world following 1929. Nada! What was the boom in Japan following the Japanese bust of the 90s? Nada!

But now we confidently count on our turbo-charged credit pusher government to hatch another boom for us, and on hedge funds, private equity and Jane and John Q. Public to make it roar once we have all figured out what it is.

It's as if the national sport is speculation on a global scale. I guess as long as we can count on a boom somewhere no one will ever have to work except for a few short years to get a grubstake to hitch on to whatever is flying. Except of course those unlucky Chinese and Indians and assorted others from that side of the globe who are still oddly committed to production of goods and services actually used by actual people in their daily lives.

Soon enough these smart fellas will catch on and then no one anywhere will have to work. Anglo-town, Europe and most of Asia will be brokers, PE moguls, Realtors (TM) and ERs. Africa will have some workers in the mines and the rest of the world will be on the dole.

Paradise Regained!

Ha

saluki9 · 04-19-2007, 12:55 PM

EAFE REITS

04-19-2007, 07:51 AM	#1
renferme Recycles dryer sheets Join Date: Oct 2003 Posts: 452	What's the next boom ? Stocks boomed in the 90's and crashed in 2000. Real Estate boomed in the early 2000's and has come back to earth in the last year (at least partly so). What's the next BOOM ? Any guesses ?

04-19-2007, 08:04 AM	#2
BUM Thinks s/he gets paid by the post Join Date: Feb 2004 Posts: 1,549	Re: What's the next boom ? Follow the Yellow BRIC Road! Thats BRIC as in Brazil Russia India China __________________ In a panamax down by the river.

04-19-2007, 08:09 AM	#3
Delawaredave Recycles dryer sheets Join Date: Apr 2005 Posts: 184	Re: What's the next boom ? I think there's a "global liquidity glut" and all asset classes are fully valued. But if I had to speculate: I think the "US manufacturing pendulum might swing the other way". The dollar will devalue, the yuan will appreciate, shipping stuff over oceans will get more expensive - and there might be a "resurgence" in US manufacturing.

04-19-2007, 11:12 AM	#6
kcowan Thinks s/he gets paid by the post Join Date: Jul 2006 Location: Pacific latitude 20/49 Posts: 1,545	Re: What's the next boom ? Nanotechnology, energy conservation and health care. China, India and some lesser SEA countries. __________________ For the fun of it...Keith

04-19-2007, 11:22 AM	#7
justin Thinks s/he gets paid by the post Join Date: Jun 2005 Posts: 4,010	Re: What's the next boom ? Hasn't the BRIC cat already jumped out of the bag? It isn't "the next big thing", it was the last big thing.

04-19-2007, 12:07 PM	#8
haha Give me a museum and I'll fill it. (Picasso) Give me a forum ... Join Date: Apr 2003 Location: Seattle Posts: 8,474	Re: What's the next boom ? The premise of this thread is that there will be a transmutation of a speculative boom rather than a splat that just lies on the ground DOA. Which I agree with, but also find very interesting. What was the boom anywhere in the world following 1929. Nada! What was the boom in Japan following the Japanese bust of the 90s? Nada! But now we confidently count on our turbo-charged credit pusher government to hatch another boom for us, and on hedge funds, private equity and Jane and John Q. Public to make it roar once we have all figured out what it is. It's as if the national sport is speculation on a global scale. I guess as long as we can count on a boom somewhere no one will ever have to work except for a few short years to get a grubstake to hitch on to whatever is flying. Except of course those unlucky Chinese and Indians and assorted others from that side of the globe who are still oddly committed to production of goods and services actually used by actual people in their daily lives. Soon enough these smart fellas will catch on and then no one anywhere will have to work. Anglo-town, Europe and most of Asia will be brokers, PE moguls, Realtors (TM) and ERs. Africa will have some workers in the mines and the rest of the world will be on the dole. Paradise Regained! Ha __________________ "Show 'em just enough to win the turkey."- Former KY Governor Bert Combs

04-19-2007, 12:55 PM	#9
saluki9 Thinks s/he gets paid by the post Join Date: Feb 2005 Posts: 1,768	Re: What's the next boom ? EAFE REITS

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