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To: tonka552000 who wrote (3654)11/20/2003 11:45:36 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 108745
 
US blocks shipment of bras, China halts soybeans, jetplanes

THIS ADMINISTRATION IS UTTERLY STUPID
I have been predicting trade sanctions all along
they are here
it plays well to J6P who lost his job, and doesnt know why

REASONS HAVE TO DO WITH HIGH DOLLAR, HIGH LABOR COST, HIGH HEALTH COSTS, HIGH TAX BURDEN

speak with Rubin for starters, J6P

US will block $10 million in bra shipments
China will not repeat $1.2 billion in jetplane orders

sounds about right for this clueless inept Prez Admin

the USDollar heads to 86-88 soon, gold to 410-415 soon
in response to Prez Hoover the 2nd
let's dust off Smoot Hawley Act
maybe just some rewording, get the new names right, eh?

/ jim



To: tonka552000 who wrote (3654)11/20/2003 12:01:17 PM
From: isopatch  Respond to of 108745
 
Thanks for keeping us posted on the news items that show the

battle lines gradually building up and positioning for an all out global trade war, that will plunge the world economy into a mega depression by early 2005 - at the latest.

It's going to get VERY ugly after next years US presidential election if not sooner.

Isopatch



To: tonka552000 who wrote (3654)11/20/2003 5:38:13 PM
From: Yogizuna  Read Replies (1) | Respond to of 108745
 
And of course the huge trade imbalance is not China's fault, it is the US consumer's fault, as they care only about finding the cheapest price, and could care less where something is manufactured, even as their neighbors lose jobs...