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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?


To: stockman_scott who wrote (3213)7/25/2002 10:54:39 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 89467
 
I sent an email to CNBC Power Lunch
/ jim
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subject title: your econ analysis has wrong focus

FOCUS ON INVENTORY LEVELS IS A #4 PRIORITY
THE REAL PRIORITIES:

1. DEBT COLLAPSE AND DEFLATIONARY ILLIQUIDITY, BANKRUPTCIES

2. DECLINING US DOLLAR, IMPLICATIONS TO WORLD BANKING AND ASIAN EXPORTERS

3. CONSUMER DEBT AND GROWING DEBT LOAD, ITS EFFECT ON SPENDING

4. LOW INVENTORY LEVELS, AND REPLENISHMENT

you need to replace Liesman as Econ Editor
he doesnt realize this recession is structural, not cyclical
his focus on inventory demonstrates his lack of perspective
we are seeing a redux of the Great Depression, structural correction
the correction is happening to businesses, currency, and soon banks, households

your economic analysis is very second rate
get away from the conventional, since it simply has failed

/ Jim xxxx, Ph.D. Statistics