Hawk - not seeking an endless discussion, ROFL
he higher the dollar, the more costly oil becomes for the European and Asian economies. Who said oil should be paid in Dollars? Iraq already requested to be paid in Euro for it's oil exports and no "Devil's Money" anylonger. I know, these are religious arguments in the 3rd millenium...
GE/HON that an issue no one business aware person can understand. It is on investigation and an evidence that something is wrong in the commission technocracy.
Cost of reconstructing Eastern Europe. Really costs? Eastern Europe needs capex in order to upgrade their production capabilities to a global standard. Big business ahead, of course bot from Euro countries, against Eurobands.
Kyoto. Another HUGE business. Part of the protocol is that a given percentage of non-fossil energy shoud be produced in increasing steps at given time-frames. All utility producers are running after their tail trying to meet those requirements. As a result, I, individual, am subsidized (adding all chunks together) up to 75% of the installation costs of solar energy systems (solar boilers, solar cells,...) and my utility company installs a two-way meter: power I produce is sent on the net and deducted from the power I pump from the net. Same price in or out. At current costs, the installation is amortized within 8 years and profitable thereafter. We do not understand why GW considers the environment control as an unsustainable cost. Came as a total surprise for Europe and Japan. This is a huge, profitable new industry, just what is needed to follow the economical computer cycle. You should see our stores: everything with a "bio" or "green" tag is marked up in prices and people are buying like crazy. We have special waste recycling programs, they work and are profitable. We have water and clean air programs, they are profitable.
Now, 'bout that unity and common ennemy blah-blah.... we will keep our kings, or presidents,or... whatever as you have your governors. German will remain germans, as French will remain French, as Kentuckians will remain Kentuckians...
In my previous post, the point I was willing to make was that many things are changing, some faster than others in qurters per quarter time frames. If I am correct, Greenspan said yesterday that the economy would take up to 5 quarters to recover. As markets would start to rebound 6 months before the economy, leaves 3 quarters of uncertainty, and in these 3 quarters Europe will have changed a lot. Maybe needing a re-assesment. With a larger impact than ECB's rate policy.
I am not partisan, just trying to make a living on futures trades. Geo-economics is part of the equation.
OT Ordered my kit of 240 Euro worth of Euro coins, will have them delivered early July. Just for fun as payments in hard cash will only be accepted in 2002.
Rambling, rambling, sorry for those lenghty posts. |