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

To: re3 who wrote (1736)	4/6/2001 12:19:58 PM
From: Ahda	Respond to of 24758

Niether here nor there is it. We are here and heaven knows if we are headed for a world slow down after reading this. and what does this mean obviously cut where costs are higher. And what does that mean could mean even some of our paper service will be cheaper to produce elsewhere. Friday, April 6, 2001 \| Print this story In Global Economy, U.S. Job Gains, Losses Know No Borders By EVELYN IRITANI, Times Staff Writer At first glance, the stream of layoff notices reads like a eulogy for the American worker: 11,500 jobs at Delphi Automotive Systems Corp., 9,600 at Procter & Gamble Co., 8,200 at Solectron Corp. However, many of those pink slips will be delivered in places such as Ande, France, and Guadalajara, Mexico. Which raises the question: Is America exporting its slowdown? The simple answer is yes. As the U.S. economy starts to show signs of retrenchment, companies are spreading the pain by reaching across their global networks to cut costs and improve profitability.

To: re3 who wrote (1736)	4/6/2001 2:01:23 PM
From: ahhaha	Read Replies (1) \| Respond to of 24758

I remember him and I didn't vote for him. He was the worst Democrat ever. In August of '71 he slapped on wage and price controls among other insidiously stupid anti-Republican moves and the stock market which had swooned, and fell very much like the last six months, then immediately reversed and soared right back up to previous highs. The down side was another shining example of a bear market which is what people were calling it. What was most surprising was the market rose on this horribly bad news. I wonder what it thought it was discounting? It went on discounting until in January '73 it realized that wage and price controls which had to be eventually abandoned in '72 had aggravated the embedded structural inflation. The consequence was rising interest rates. At first the market ignored them and powered up until Jan '73. Then the piper had to be paid. Nixon was too involved with his personal problems to apply any leadership for the economy, but he never had the least comprehension of it anyway, and thought economics was just a tool to manipulate votes.