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

To: TobagoJack who wrote (20750)	7/4/2002 11:17:22 PM
From: elmatador	Read Replies (2) \| Respond to of 74559

The beauty of the capital siphoning executed by the US, is that no one even notice it! Perfect act. If the signs are right capital doesn't fly. But people by their own will exchange their local currencies for USD. Who sets the perceptions, send the wrong signs, so that people rush to buy dollars? Rating agencies set country risks. And rating agencies manned by some small boys who utterly ignorance of the real world. To whom does setting a higher risk to a given country benefits? I answer that: The country where those rating agencies are based in. That there are countries with lousy economic policies? Sure there are. But there are countries with lousy policies that are punished and there are countries with lousy policies that don't. Of course the Europeans noticed that and acted accordingly setting heir own supranational currency as a counter measure. Had other countries being wise enough, they would rather set for a single currency rather than a rag bag of own currencies.

To: TobagoJack who wrote (20750)	7/4/2002 11:51:19 PM
From: elmatador	Respond to of 74559

<I get confused every-so-often as to who is carrying, who is supporting, and who is pulling up, etc. Perhaps US is pulling up the world? >> Yes, perhaps. Like the rich man in Nigeria. Every Friday, he opens his gate, which you could see a couple of Mercedes parked inside. He gives every one of the beggars outside the gate a few Naira. They praise him. Admire his power, his clothes and his big villa. For those beggars he is not a sign that his wealth is earned due to his contacts in high places. To a society that only the well connected siphons every dollar -and they earn USD40 million a day in oil. The US pulls the economy up the same way the rich Nigerian man form Kano. <<Maybe Japan is pushing down the planet?>> Yes, obviously they are. As are every country tat keeps capital tied up on economies that have no economic activity but capital leaving the countries with economic activities scrapping up and juts getting by. Japan is too small-sized and small-minded to make an impact on pulling the world economy up. Hey, look what they've done in the last 12 years and you see what their record is. The negative aspects of Japan is that can't do population rebalancing. They can't do re-colonization. They will, eventually, return to the insignificance where they came from. But this South Eastern Asia back yard here can provide enough for keep a the economy afloat. <<Possibly China is weighing on the Earth?>> No. The opposite. See you have to look under this perspective: Without the cheap manpower, no cheap products, without cheap products, the illusion of wealth of the people who buys these products, people will react from Stuttgart to Anchorage. <<Could be India is levitating Gaia? >> Only if Gaia is in Silicon Valley to where those Indians went HB-1 visa in hand, to work for the New Economy, Dot.Com bubble. All very confusing:0) Not confusing. Not confusing. <<The entire construct may fall apart before I figure matters out:0)>> Just don't stay underneath the construct!!