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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (16423)3/7/2002 12:31:05 PM
From: Maurice Winn  Read Replies (3) of 74559
 
USA cuts international trade. USA unable to compete with New Zealand. Has lost America's Cup, refuses to compete with BHP New Zealand Steel Ltd on steel production. nzherald.co.nz

Jay, that will cut NZ exports to the USA, which will reduce NZ purchases from the USA. GeorgeW has said countries are either with the USA, or against it. NZ has decided to be with the USA so will introduce a 40% tariff on all products coming from the USA to ensure that NZ and the USA are in harmony on all matters. Where the USA leads, NZ follows, like an obedient little puppy.

By cutting imports from the USA with a big tariff, that will free up USA production to be used in the USA in the War on Terror. NZ will just have to stand on their own two feet.

With reduced trade between NZ and USA, that will cut government costs because the trade negotiators, who were encouraging the USA to enter a free-trade agreement will be able to stay home and save the high expenses of travel and accommodation [which will free up USA hotels, restaurateurs and other businesses from having to deal with more aliens - they'll be able to focus on serving the USA people who are supporting the War on Terror].

The USA gave NZ a hint with the restriction on NZ selling sheep meat to the USA. The USA has confirmed their Albanian/North Korean tendencies with the latest isolationist moves. This is great because rugged individualism, independence and self-reliance are admirable qualities. I am going to do my own medical diagnosis and surgical interventions next time I or my family get ill. No more phoning the experts like a wimp. Rather than buy vegetables at the market, we'll toil from dawn to dusk to produce our own. No need for a row of combine harvesters when we have a spade and I think I have a sickle in the garage somewhere [inherited from a grandparent decades ago].

With luck, other countries will be with the USA too, not against it, and will also introduce trade restrictions to reduce international trade so that each country can focus on the War on Terror using all their own products. The USA could put a 40% tariff on imported hydrocarbons too. That would get independence from the middle east and help reduce their cash flow.

It's 6.25 am here at the moment, dark and cool. It's much easier to get with the programme in the pre-dawn dark, with just the glow of cyberspace pixelating away in the night. It sure does look a terrible world.

<.... The decision to impose steel tariffs comes less than three weeks before Helen Clark goes to Washington, where she will discuss free trade and terrorism with Mr Bush.

"It is not going to be easy getting an open-trade agreement with the US," she said yesterday.

"There are very strong protectionist interests in the United States. If those interests are prepared to take on the EU and Japan, then New Zealand, Australia, Chile and Singapore ... we are small beans."

There could be a "window" next year if the US economy was going well and the Bush Administration was feeling more secure.

Helen Clark said she would tell Mr Bush that New Zealand was "ready when they are" to begin talks on free trade.

...contd...
>

Mqurice
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