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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Voltaire who wrote (26257)12/20/2000 11:48:33 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 65232
 
I think Greeny is focused on balance of trade deficit
if he can bring US economy to a stall
then Asian economies will go into recession
which will result in lower prices for US imports
and also result in lower domestic demand for those imports

US trade deficit threatens our nation's balance sheet

bear in mind US major banks have near zero exposure in Asia
the banks involved are from Japan, HKong, Korea, PacRim

if in the meantime, Naz Casino dullards are forced to join the workforce, then Greeny smiles at that also

will be rejoining myself before long
this disconnected life of trading and keep a bull grin is a loser's game

/ jim



To: Voltaire who wrote (26257)12/20/2000 11:49:15 AM
From: starbreak  Read Replies (1) | Respond to of 65232
 
V,
Funny you said that, same thought crossed my mind last night. Similiarities to the Reagon era.
K.



To: Voltaire who wrote (26257)12/20/2000 11:52:05 AM
From: Selectric II  Read Replies (1) | Respond to of 65232
 
Bingo, V-man!

Arthur Levitt just announced his retirement. Wonder how that's going to play.



To: Voltaire who wrote (26257)12/20/2000 12:18:22 PM
From: Nick  Read Replies (3) | Respond to of 65232
 
re: ..I am convinced that AG wants the edge of a recession laid at the feet of the Clinton administration and therefore no change until Jan.

Let's not forget what happened during Sr.'s term. W must back off from that 1.3 trillion promise.