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

To: mishedlo who wrote (2712)	3/23/2004 10:52:00 AM
From: Jim Willie CB	Respond to of 116555

easy, slowing creeping net trade deficit, great reason China may have a $130B surplus with crippled addicted USA but net basis they have a slight trade deficit now and that is expected to turn more negative in 2004they will look to see how to manage that deficit spending their horde of USTBonds is an easy solution you overlook something about the Chinese they like to get the good price they will outwait you they will toy with you they will cancel orders, then replace 10 days later, 10% cheaper / jim