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


To: mishedlo who wrote (9002)2/29/2004 9:09:52 PM
From: Condor  Respond to of 110194
 
Consider that 30 % tariffs are put on Canadian softwood lumber imports that are decimating the Candian lumber industry and yet the builders in the US are screaming about building costs rising not to mention the consumers who are buying into ever increasingly expensive RE markets. The southern yellow pine boys are lovin this.
It was this administration that installed the tariffs on the Canadian lumber.
Will we see that next year the Canadians are encouraged to ship lumber again and the tariffs dropped in order to lower US building costs? There will be a lag time as the Canadian closed mills will have to be restarted and contractually assured that US govt. tariff whimsy will not be arbitrarily restarted.

And around and around we all go.

C



To: mishedlo who wrote (9002)2/29/2004 9:28:40 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 110194
 
it makes perfect sense that allout trade war is coming

until the trade war comes, jobs will continue to be exported
since financial mechanisms are being routinely thwarted,
the only remaining solution is trade protection

this is so basic, and overlooked
eventually, trade war will be wholly embraced by the masses
the political campaigns for president will accelerate the process

again, listen to Greenspasm's topics, not his words
they include trade war, dollar crisis, uncontrollable federal budget, Fanny Mae undercapitalization, and now SS/Medicare insolvency
in that order

/ jim