SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (6932)2/6/2004 9:19:29 AM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
CNBC Squawk Box poll, jobless extension (near to my heart)

I voted YES
so far after 2200 votes submitted, YES 66%, NO 34%

my email to them as follow-up:

I am one of the dropped off UC benefit victims

as long as Congress and the Federal Reserve maintains policies
which encourage sending jobs to Asia
the federal govt should assist with unemployment compensation benefits

the policies which encourage?
pumping up monetary expansion, which has raised production costs
liberal globalization, open trade, strong dollar, which keeps Asian job line open


thank you, jim



To: mishedlo who wrote (6932)2/6/2004 9:35:21 AM
From: Jim Willie CB  Read Replies (2) | Respond to of 110194
 
lower than expected job growth hurting USDollar here
but once again, the "give" is with the euro
which does nothing to alleviate trade imbalance
why dont press & media pundits and analysts comment on this?

an old refrain for me
sure, the USA has a trade deficit with the EU
I have heard $70-80 billion annually
but set that figure against $90B Japan, $125 China
and $60-75B with the rest of Asia (Taiwan, Korea, Singapore, et al)

/ jim



To: mishedlo who wrote (6932)2/6/2004 10:16:14 AM
From: Jim Willie CB  Respond to of 110194
 
currency, jyen reverses up 1%, euro up 1%, Can$ up 1% / jw