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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (17394)3/26/2002 7:54:36 PM
From: TobagoJack  Read Replies (1) | Respond to of 74559
 
Hi carranza2, <<Trinidad>> I have a calypso (soca, actually, which is energetic dancing calypso) compilation with one Muslim band's song about the Lion in Afghanistan. An Islamic group had taken the entire prime minister's cabinet plus prime minister, excluding Trade & Industry minister, hostage in parliament building in 1990. The T&I minister was visiting HK at the time and missed out.

The US is setting up office in Port-of-Spain to supervise port/cargo inspection because Trinis are too relaxed.

The US is everywhere (Columbia, Peru, ME, Sri Lanka, Philippines, Korea, Japan, Europe, CIS, etc) and very busy.

<<itch to scratch in HK>> HK's trouble is that it is one of 3-4 mega ports in the world (HK, Amsterdam, Shanghai, Singapore, and Seattle ?) and containers are containers, whether destined for HK or transiting HK.

The trouble with ocean-going container bombs is that, when made sufficiently powerful, do not need to get to, or even near, intended target to be effective; and the designers are not afraid of having the bomb discovered. The inspectors should be afraid.

Any kaboom, global trade will grind to full stop pronto. Insurance cover will disappear. Trade finance will vaporize. Psychology will not be positive. Markets will collapse. Central banks interventions will be futile.

Never mind <<Wall Street>>. We have not been here before.

Chugs, Jay