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To: techguerrilla who wrote (66246)2/8/2000 9:17:00 AM
From: Jim Willie CB  Respond to of 152472
 
list of foreign economies using USdollar is long

Cuba, Argentina, all eastern Europe, Lithuania
sorry if I missed 17 of them

problem with many economic analyses is they miss the global and continental effects

money supply and entire developing world usage of US$
tight labor in USA but plenty of excess in Mexico (i.e. NAFTA)

if you need software development, turn to India
they are an upcoming giant, with (get this!) better software reliability than almost all US firms
India quality blows away Microsoft garbage shipped

Money Supply took an historic twist since Sept98
at that time, the US Federal Reserve rescued the entire Meltdown
that includes both developing economies and LongTermCapMgmt fiasco

excellent econ news this morning!!!!!!!
Q4 US GDP growth was UP 5%
labor costs DOWN 1%
productivity UP 2.9%

NO INFLATION, GOOD GROWTH
to all the economic Philips Curve morons
read this carefully, happened now four years running

hold onto your naddic structures
futures are all way up for the open
/ Jim Willie