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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (8204)2/16/2004 10:46:36 PM
From: Jim Willie CB  Respond to of 110194
 
heavy construction equipment is one US export area
but too bad, one of very very few

economists claim in that Bloomberg piece that the US trade gap will narrow as the USDollar continues its decline
well, it aint that simple

40% decline vs Euro
15% decline vs JYen
and we got a Dec $42.5B trade gap, second worst in history

it aint that simple
keep that face, Bloomberg
I can assure them that it is indeed BLIND FAITH

FED POLICY reminds me of a man receiving IV and blood transfusions
the doctors proclaim the patient's health is improving with all the new blood being injected
nobody pays much attention to the floor (Asian basin)
which is fast filling as the patient continues to bleed

/ jim