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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: EL KABONG!!! who wrote (34579)	6/1/2003 4:56:45 AM
From: elmatador	Respond to of 74559

KJC Thanks. I'm still at the higher levels and will go down to the more detailed aspects later on: 1) The rich countries need to sell more to developing countries since there is economic activity but no money. In order to that, USD have to printed so that they overflow to those countries. The export machine has to kick in. 2) The tactic is to lift those poor countries economies because they are becoming too vocal and they are trying to get more benefit from globalization. QUOTE "From the orange groves of Brazil to the rice fields of Southeast Asia, meanwhile, poorer nations have become more insistent that the next round of agreements allow them to benefit equally from globalization. That argument is pushing the politically toxic, multibillion-dollar farm subsidies of Europe and the United States to the center of the debate." UNQUOTE 3) Weak dollar plus a lot of cash going around the worlds will lift these poor countries' economies so that they stop bugging the rich countries about subsidies that under which the poor people of the rich world hide themselves. 3) I will go slowly and steadily to the lower levels (which countries more likely to be affected, which industries will benefit etc) as these developments start to have an impact in the world economy. Of course with this giant dollop of dollars going around is good for the US to rein in all those governments that fail to align themselves with them in a case like the adventure in Iraq while, at the same time, creating a demand for US products and services.