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To: 4figureau who wrote (4499)5/21/2003 10:10:45 PM
From: Jim Willie CB  Respond to of 5423
 
another part not fully anticipated
the US trade gap will continue to rise
even when our economy slows
even when our consumer spending slows

Europe's economy will slow much worse
their imports of Asian (esp Japanese) goods will slow badly

Japan will be the hardest hit over in Asia from this slowdown
they compete the most poorly with the PacRim
China is killing them
I suppose Chinese leaders are licking chops
finally some revenge for World War II
they only had to wait 60 years, a pittance to Chinese
they are the most patient people on earth
they are so patient, they relish revenge meted out by their children when the time is right, a revenge the elders are sure of but will not see for themselves

/ jim

p.s. all this AOL Broadband is feeding me wisdom
or bullshit, not sure which