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To: ild who wrote (179197)7/11/2002 2:36:37 PM
From: TheStockFairy  Respond to of 436258
 
I bought a pair of "almost Timberland" boots in China for $8. I also got a nice Nike Jacket for $12 (overpaid) and 4 North Face jackets for $25.

Now, some of these MAY NOT be real brand name items, but I could give a rats ass. I'm stylin.

The rest of the world don't make no money to buy a $100 Nike Jacket.



To: ild who wrote (179197)7/11/2002 3:27:17 PM
From: GraceZ  Read Replies (1) | Respond to of 436258
 
Their economy grew close to 8% last year and China's inflation was considerably higher than here. We're not only importing deflationary pressures, but we're exporting our inflation. We pump in dollars here and they end up there.

What China and Russia both need more than anything is hard currency they can do biz with the rest of the world, they are happy to store our dollars.



To: ild who wrote (179197)7/11/2002 3:34:25 PM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 436258
 
ild, >>The problem now is that the world has run out of warehouse space to store greenbacks.

LOL, must be time to buy disk drive company stocks. <g>

Joan