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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Elroy Jetson who wrote (77853)4/17/2008 2:09:04 PM
From: koan  Read Replies (2) of 116555
 
I was told by a fellow who seemed very solid and owned a flooring business in Renton Washington that there was no new building and he had little business. Things were real bad.

The few big earnings we are seeing the companies report come from overseas operations.

Dubai has between 15% and 25% of all of the large cranes in the world.

People are not building in this country (US), but they are building like crazy in the middle east, Russia, Brazil and asia.
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