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


To: russwinter who wrote (20370)10/20/2004 5:33:30 PM
From: SeaViewer  Respond to of 110194
 
The Chinese manufacturers are in a state of pain. -ng-

And they are still in denial. Five months ago when oil was at $40, they were arguing oil priced in $5-6 speculation by hedge funds.



To: russwinter who wrote (20370)10/20/2004 10:12:55 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Lachman said that if the Bush administration couldn't get China to strengthen its currency before the election, then the United State has no hope in moving them after the election, no matter who wins

I proposed long ago that China has had enough of Bush.
Could that be part of it?

Mish



To: russwinter who wrote (20370)10/20/2004 10:15:14 PM
From: mishedlo  Respond to of 110194
 
Try on this Chinese Train Wreck statistic from the Financial Times yesterday. Time to repeg I'd say, and now, yesterday really:

Global commodities prices have risen 43% over the past 12 months, but the prices of Chinese exports have gone up less than 2% over the same period, according to a story in the Financial Times.


Where is the pricing power?
Why dont they raise prices, stop over-producing? etc etc etc.

For hyperinflation, this sure looks pathetic.

Mish



To: russwinter who wrote (20370)10/20/2004 11:39:21 PM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
Add Marlow W. Cook to the list of prominent Republicans supporting Kerry:

courier-journal.com

-------
I shall cast my vote for John Kerry come Nov 2.

I have been, and will continue to be, a Republican. But when we as a party send the wrong person to the White House, then it is our responsibility to send him home if our nation suffers as a result of his actions. I fall in the category of good conservative thinkers, like George F. Will, for instance, who wrote: "This administration cannot be trusted to govern if it cannot be counted on to think and having thought, to have second thoughts."
...
I am not enamored with John Kerry, but I am frightened to death of George Bush. I fear a secret government. I abhor a government that refuses to supply the Congress with requested information. I am against a government that refuses to tell the country with whom the leaders of our country sat down and determined our energy policy, and to prove how much they want to keep that secret, they took it all the way to the Supreme Court.

Those of you who are fiscal conservatives and abhor our staggering debt, tell your conservative friends, "Vote for Kerry," because without Bush to control the Congress, the first thing lawmakers will demand Kerry do is balance the budget.



To: russwinter who wrote (20370)10/20/2004 11:54:23 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
This really is just too much
mish
=====================================
US Treasury´s Snow reaffirms strong-dollar stance - report
Thursday, October 21, 2004 1:14:46 AM
afxpress.com

US Treasury's Snow reaffirms strong-dollar stance - report HONG KONG (AFX) - US Treasury Secretary John Snow reaffirmed his government's support for a strong dollar as the US currency slid to an eight-month low, the Financial Times reported on its website

Asked to comment on the currency while touring a school in Florida, Snow was quoted as saying: "You know our view on the dollar, we've articulated it many times. We support a strong dollar." The report said Snow's comments represent the first official remarks about the dollar's value in recent weeks, although Federal Reserve officials have been making unusual remarks on the currency, an area of economic policy they usually avoid

Last week Robert McTeer, president of the Dallas Federal Reserve, said: "Over time there is only one way for the dollar to go lower."