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Strategies & Market Trends : Strictly: Drilling II

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To: SliderOnTheBlack who wrote (29151)3/6/2003 5:18:59 PM
From: Jim Willie CB  Read Replies (4) of 36161
 
keep waving the flag, SliderBlack&Blue

"I think America, the USD, the US Economy and American Resolve is stronger than many think

JohnJ Murphy called the USDollar in "gradual freefall"

the trade gap is widening, even as the dollar is dropping
(now heading toward 6% of US GDP)

the federal deficits are escalating
(what's another $100-300B in the MidEast? or is it $1.5T?)

the Fed-directed money supply is up 45% since Jan2001
(rising now at a 20% annual rate)
(directed mostly to nonproductive assets, in lieu of productive)

the economy is weakening, and now must react to an energy tax
(ooops, there goes corporate earnings, and household spending)

the car sector has turned down
(a national tragedy in the making, UAW fireworks this summer)

the housing sector is stalling
(the next bubble bust is coming -- Mortgage Finance)

debt levels are suffocating
(too many data points to cite, not enough space)

economic reporting is distorted in almost every single measure
(again, name one and we can talk about the deceptive distortions)

sure, the USDollar is strong, real strong
so were ReichMarks in 1927
the saving feature to the US$ now is the inability for foreigner to unload them, and the lack of non-gold alternatives for them, as dollars saturate the entire world
wow! you are clueless

I have noticed something about you, not pretty
whenever confronted with a direct question that points out your ignorance, YOU IGNORE IT, and instead resume adolescent name calling
not pretty, not prudent, not flattering
certainly not impressive
at least it explains why certain key people dont post on this thread anymore

you must pump sunshine up FrankP's ass on a daily basis

/ jim
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