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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (25)2/15/2004 5:37:20 PM
From: Jim Willie CB  Respond to of 116555
 
falling USDollar dont matter
federal deficits dont matter
trade gaps dont matter
heavy household debt levels dont matter
job outsourcing dont matter
rising commodity costs dont matter
rising energy costs dont matter
rising health care costs dont matter
declining mfg sector dont matter
heavy drugs costs for aging population dont matter
poor educational training trends dont matter
foreign ownership of US debt dont matter
daily foreign central bank invervention dont matter
unlimited China labor pool dont matter
unlimited English-speaking Indian labor pool dont matter
vast US population of financial and math illiterates dont matter

and my favorite...
not a single economist to receive a Nobel Prize in Economics dont matter
none in 20 years

our Fed Chairman is Mr Magoo
I truly believe in my heart that he realizes what the end looks like

/ jim