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To: pater tenebrarum who wrote (102641)5/16/2001 1:19:18 PM
From: SouthFloridaGuy  Read Replies (1) | Respond to of 436258
 
The BLS can continue to fudge their statistics, IMHO. Large, Medium, Small businessess, and consumers all know that there is inflation out there and it's not tame.

This is the type of B.S. that will cause revolt as corporate profits continue to get hit due to skyrocketing fixed costs.



To: pater tenebrarum who wrote (102641)5/16/2001 2:12:34 PM
From: John Pitera  Read Replies (1) | Respond to of 436258
 
wow, the Koreans scarfed up 50% of all new shipbuilding orders last year......and trade tensions rising

Trade tensions continue to heat up in the face of global economic deterioration. While Japan recently imposed tariffs on a number of agricultural and fishery exports from China, the Nihon Keizai Shimbun recently reported that the Shipbuilders' Association of Japan will ask the government to join the European Union in filing a complaint with the WTO, citing that the South Korean government provides unfair assistance to the country's shipbuilding industry. Of interest, Korean shipbuilders took in a whopping 50% of global orders for new ships last year, but something tells us that the neither the EU nor the Japanese government will be satisfied with the explanation that Korea's market share was largely a function of a weaker won.