Mish's Global Economic Trend Analysis Message Board

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

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To: mishedlo who wrote (102535)	9/26/2009 3:12:34 PM
From: elmatador	of 116555

Export pallete of the US is much bigger. Thus can leverage that to increase exports to emerging markets. See EXIMBANK aircraft financing and the USD2billion for Brazil pre-salt. The goal of the Petrobras decision is to offer at least $2 billion in loans or loan guarantees to help finance purchases of U.S. goods and services by Petrobras. This decision increases the likelihood that American — not foreign — workers will be employed to satisfy part of the company's planned $175 billion investment in oil exploration during the next five years. Other countries, like China, will aggressively pursue the $175 billion investment that will provide jobs for the goods and services for the project. The economic gain is great for a country pursuing the $175 billion dollars in goods and services. seacoastonline.com Japan export potential was taken by China and left without little to export. Add to that demography worked against Japan. It will also help if the US remember that the Cold War. Closed COCOM. "in its efforts to contain the Soviet Union and other communist countries during the Cold War, the United States, along with other Western countries, founded the Coordinating Committee for Multilateral Export Controls (COCOM) in Paris in November 1949. The COCOM had since evolved to strictly control Western countries' hi-tech exports to China. After the fall of the Berlin Wall, however, COCOM members realized their practice of imposing export embargoes based on the East-West distinction was no longer realistic under the new international political order. bjreview.com.cn Fire all civil servants and export com gusto.

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