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Strategies & Market Trends : Waiting for the big Kahuna

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To: $Mogul who wrote (75204)	2/4/2008 10:32:35 AM
From: Rarebird	Read Replies (2) of 94695

<<When the Dems get back in power you will see lots of TARRIFS on Chinese imports, so much that it will discourage American business to manufacture there from a tax point of view., The US will try to regain some manufacturing power that will hopefully stimualte the economy for the next generation.>> The climbing danger now is that around the world, politicians in a panic will really start to interfere with global trade and with export tariffs on commodities designed to keep wanted commodities at home. Russia has already done this. Export and import tariffs were one of the signal features of the Great Depression of the 1930s, as were competitive currency devaluations, followed not much later by export subsidies put in place to undercut the import tariffs and duties of other counties. The result was a global tangle of trade restrictions in which most nations were forced to live on their own national resources.

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