SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Stockman Scott's Political Debate Porch

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Chas. who wrote (31451)11/15/2003 11:17:25 AM
From: Jim Willie CB  Read Replies (1) of 89467
 
that is only part of the solution
the other part is America as a society stepping back from bankruptcy, from over-reliance on debt, and foreign dependence upon capital in the credit markets

there is very little capitalism in the USA
we have capitalistic opportunities, but 8 of 10 cards are stucked against fledgling firms starting out

the rude awakening has begun this autumn
event #1: JYen broke out, signaling start of Asian imported price inflation

event #2: CRB breakout underway, signaling start of rising production costs

event #3: upcoming... arrival of price inflation, even in the suppressed CPI finally, which hits the Trez Bond market and Agency Mortgage market like sixteen tons of bricks

these events have everything to do with preventing US return to domination in capitalism and free enterprise

the constant is China and Pacific Tigers, who will not relent in their pricing pressures
the end result is shrinking US corporate profit margins, and hindered US household budgets
NOT REFLATION WHICH IS ATTEMPTING TO RESTORE PRICING

we have now the advent of rising production costs with no revival of pricing power whatsoever

US ECONOMISTS (REALLY POLTICAL APOLOGISTS ON THE ECONOMY) WILL BE THOROUGHLY DISCREDITED IN THIS NEXT DANGEROUS PHASE #2 UNDERWAY, WHICH FEW SEEM CAPABLE OF REALIZING
PHASE #2 IS ONE MONTH OLD, ITS BIRTH WAS OCT 1ST WITH THE JYEN BREAKOUT FOLLOWING THE DUBAI G7 MEETING

/ jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext