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Strategies & Market Trends : ahhaha's ahs -- Ignore unavailable to you. Want to Upgrade?

To: Ilaine who wrote (1731)	4/6/2001 10:55:01 AM
From: M. Frank Greiffenstein	Read Replies (1) \| Respond to of 24758

I understand you were asking question, not making assertions. I just wanted to nip any rennasaince of the "trade deficit" argument in the bud <g>. Cheap high quality foreign goods are good for American consumers, espeically poor Americans. A poor person who can buy two RL Polo shirts for $40 at Costco is better off then a poor person paying $50 for a single American made shirt under restrictive trade laws. American industry moves into more advanced value-added goods. Do we really need a shirt making industry in this country? Doc Stone

To: Ilaine who wrote (1731)	4/6/2001 11:41:00 AM
From: GraceZ	Read Replies (1) \| Respond to of 24758

The trade deficit numbers are deceptive primarily because in information age exports defy accurate measurement. It is far easier to measure TVs and VCRs (what we import) than it is to measure income from software and patents (what we export). A lot of this is due to the fact that so many of the US companies have set up foreign subsidiaries and the products sold aren't counted as exports.

To: Ilaine who wrote (1731)	4/6/2001 11:55:48 AM
From: Ahda	Respond to of 24758

In investments outside of the US your currency is giving you a greater return because it is buys more in a nation that has lower currency level. The idea i feel on paper was more apt to be the financiers of the world came from here and our dollar value of vital importance in allowing us to build else where at a far lower cost. Our product was to be technology a service based provider to the world as our labor wages could not compete with those of many parts of Asia. Japan problems as an exporter are partially due to her cost being too high to be competitive with other parts of Asia. Interior wise the consumer apprehension level was too great to take on excessive debt. We here due to the tight employment and liberal debt practices had a huge appetitive for products from else where. However the money put into technology was not proving to be valuable. The projected growth was not being delivered. The difficulty we now face is that we are in a period of leveling off. The question then become did the balloon do extensive damage to the whole? Did the consumer debt mushroom to the point of if wages cuts are required within the next year or so... was the border line of debt versus earnings to close or will deflation be gentle enough to off set this without hurting the whole nation?