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


To: lurqer who wrote (13900)3/4/2003 2:22:37 PM
From: Jim Willie CB  Respond to of 89467
 
global market ensure that Chinese deflation aggravates the K-Winter for several more years, and drives American businesses into the ground

the global market also synchronizes the cycles
we went up together in 1999-2000
we go down together in 2001-2008
also, internet and email and wireless and broadband means that time zones are crossed in milliseconds, not hours
so crashes will be more sudden and far-reaching
no more firewalls built by time zones and different cultures

here is a tidbit
in the office furniture export business, China now has an 85% market share
they make more than shirts and vases
Lucent just put up $1 billion for a new telecom gear mfg plant in China
this is only beginning
China will continue what began in 1980 -- sending mfg offshore

China will completely decimate American mfg business
while HongKong and India undercut American service business

this cycle is in its 2nd inning imho
roughly the same inning as gold
in fact, I think they are tracking the exact same cycle

all Fed efforts so far have extended the first inning, succeeded in deluding many people to think the worst is over, gauranteed that the damage to come will be far worse than otherwise...

AND MADE IT 100% CERTAIN THAT THE US DOLLAR WILL DIE

/ jim