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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (8127)2/14/2004 12:30:33 PM
From: Jim Willie CB  Read Replies (2) of 110194
 
CNN is relentless in reporting on the US Economy
just saw a quick piece with graphs
the story was the trade gap just announced
some guy was interviewed, and discussed the graphs

graph of service sector balance of payments showed steady decline over the last few years, now in deficit

graph of mfg sector balance of payments showed heavy deficits accumulating over the years

the man concluded...
"if the US Economy is to gain strength, it is clearly not going to come from mfg, and now the protected service sectors is threatened... this presents a danger to our economy and our standard of living"

CNN GETS IT, LED BY LOU DOBBS
the crack boom story is getting out
/ jim
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