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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Wally Mastroly who wrote (11300)	1/19/2000 12:03:00 PM
From: Kirk ©	Read Replies (1) \| Respond to of 15132

re> Broaddus said strong demand for goods in the United States has been met in part by rising imports, but that 'safety valve' could have less of an effect as international economies strengthen. 'This safety valve that we have been able to rely on to some extent may diminish,' he said. My guess is we can give the 14 yr olds in Pakastan a raise from $2 a day to $4 a day and it won't really change what Wal*mart pays for underpants and jeans. My brother imports hand made goods from Bali (He went there when Asia melted and started his small import business - very nice hand made artwork, still just doing on Weekends at craft fairs as he grows the business with a partner). I think the prices he pays has more than doubled for the goods and it is still dwarfed by the cost of a shipping container.