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

To: stockman_scott who wrote (12250)	1/29/2003 3:22:24 PM
From: Jim Willie CB	Respond to of 89467

uncertainty is being blamed on Iraq way too much, silly many reasons for uncertainty, most having nothing to do with Iraq some questions... will I lose my job? will my neighbor lose his job? will the jobless rate head toward 7% ? is the jobless rate much higher than stated? how much more corporate bankruptcy will occur? are some big banks operating as Walking Dead from derivative unreported wipeouts? will the car sector issue one million layoffs this summer? will more airline carriers go bankrupt? will the USGovt take over some mass transportation firms? what unexpected (except to JW) ill effects will the USdollar decline bring about? will the trade gap narrow anytime in this decade? how much will foreign central banks diversify out of USTBonds? if tech equipment is ridiculously in overcapacity, how long before legitimate demand catches up? when will capex resume? two years? four years? what will it take for capex to exit extinction? is a real estate decline written in stone? if the dollar brings us higher rates, what is real estate effect? how much does our economy depend upon these silly low rates? last year the benefit was low rates... is this year's risk job cuts? is the US Economy heading inexorably into a Liquidity Trap? are we no different from Japan? are we worse off actually than Japan? are US Banks heading toward insolvency, just like Japan? can lower rates make any difference here? so, do any of these questions make any sense ??? I believe Iraq is at most 5% of the basis for uncertainty / jim