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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: sea_urchin who wrote (19083)9/21/2003 11:33:47 AM
From: philv  Read Replies (2) | Respond to of 81252
 
Outsourcing of Jobs: forbes.com

The inevitability of continuing job losses, lowering of wages & standards of living can't be more plain. The only question is what the US/FED response will be. For the US and the West, it is hard to visualize any proper solution on the jobs front. What is happening is a gigantic re-balancing of standards of living throughout the world. America's dominant position is rapidly weakening, at a far greater pace than Europe because of debt and current account deficit.

I shudder when I contemplate what will happen when China begins automobile exports to North America.

I kind of see a large drop in the dollar, causing domestic inflation, even though job prospects remain poor. This spells big trouble as wealth is sucked out, and standard of living drops dramatically.

It will be interesting to see what rabbits Greenbackscam has left in his bag of tricks to try to avoid the inevitable.



To: sea_urchin who wrote (19083)9/21/2003 3:47:49 PM
From: Ahda  Read Replies (1) | Respond to of 81252
 
Small World isn't Searle?

19 September 2003) China has approved a share-transfer deal between Citigroup and two shareholders of Pudong Development Bank, making Citigroup the bank's fourth largest shareholder with a 4.62-percent stake
NYSE Names Interim Chairman

Ben White
Washington Post Staff Writer
Sunday, September 21, 2003; 2:31 PM
Reed, 64, who stepped down in 2000 as chairman and co-chief executive of Citigroup, takes over from Dick Grasso, who resigned last Wednesday after revelations of his large pay package generated fierce criticism from investors and corporate governance advocates.



To: sea_urchin who wrote (19083)9/21/2003 6:46:22 PM
From: sea_urchin  Respond to of 81252
 
> He said the investigation turned up "absolutely no evidence'' of anyone with inside knowledge of what would happen

Here's another good guess.

haaretzdaily.com

>>>Odigo, the instant messaging service, says that two of its workers received messages two hours before the Twin Towers attack on September 11 predicting the attack would happen

It may just have been someone who was joking and turned out they accidentally got it right.<<<

Some joke!

>>>.... in this case the company took the initiative to provide the law enforcement services with the originating Internet Presence address of the message, so the FBI could track down the Internet Service Provider, and the actual sender of the original message. <<<

Who still remains a mystery.

Believe it or not.