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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (34113)7/24/2005 12:55:21 PM
From: GST  Read Replies (2) of 116555
 
<5% every year? Yes, I know the US wants that much (or more) in Free Lunch.>

I have no idea what you are talking about re: "free lunch". Productivity improvement will most certainly be used to offset currency appreciation, but as to the price we pay that is a matter of global competitive forces that we cannot now know, and that will vary widely by industry.
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