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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 (19251)10/1/2004 10:02:16 AM
From: Jim Willie CB  Read Replies (3) | Respond to of 110194
 
I continue to say the same thing as for 18 months on US$

USDollar must come down substantially
and it will go down FOREVER, until US Mfg base returns
and until service outsourcing CEASES & DESISTS

you constantly fail to mention the entire purpose of WHY a currency corrects in the first place !!!

it is not just to encourage less import by US and more export
that is the immediate concern, which is ALL YOU FOCUS ON

it is also to reverse the ENTIRE STRUCTURAL change which went in the WRONG DIRECTION

when are you going to EVEN DISCUSS what I talk about ???

you dont live in the USA
you would not believe your eyes
no mfg ANYWHERE, only electricty & gasoline production
no mfg ANYWHERE
read my lips, no mfg ANYWHERE
and where it exists, it is cutting back and heading to Asia
in the last decade, it packed up and headed to Mexico

everywhere you look, when you look deeply
small plants that used to make something are being closed
they are replaced with mini-malls for shopping
my nearby mall is expanding
THIS IS INSANITY

/ jim