Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (43284)	9/11/2002 2:15:44 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 281500

good points, but outside InfoTech, what US products ??? we are almost 60% services now as an economy we dont make much of anything anymore and what we do make has oodles of foreign components in it our US economy is fast becoming a consultancy shell and much of our exported ideas are crucially flawed like corporate structures, bank structures, central bank system, fat-based food stores I am not sure the current arrangement with China is mutually beneficial if they develop more of a domestic consumption economy, they will need to sell us less same goes for other exporting economies in Asia meanwhile, our trade gap is over 5% of US GDP this is unsustainable and downright dangerous Muslims wont be purchasing much from US unless you can force some new laws that tolerate MacDonalds, Playboy magazine, and Speedo G-Strings just kidding seriously, our consultant exports to the Muslim nations will count for something but in the end it is mfg base that rules their cheaper capital, our stronger dollar, our huge appetite for toys & trinkets... these will always keep the US behind the trade 8ball a brief course thru Europe would expose the vast cultural differences between US and European consumers we buy it now on credit we mortgage to the hilt we take new loans to support questionable purchases we go deep into hock on credit cards Europe doesnt worse, US has very little introspection forget inspecting Iraq's facilities how about inspecting our household balance sheets? / jim