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


To: mishedlo who wrote (16033)11/17/2004 10:20:18 AM
From: yard_man  Read Replies (1) | Respond to of 116555
 
>>" isn't that the relationship the US used to have with third world countries?"<<

LOL -- welcome to the 3rd world.



To: mishedlo who wrote (16033)11/17/2004 10:26:36 AM
From: Tommaso  Read Replies (2) | Respond to of 116555
 
>>So the moderater says " isn't that the relationship the US used to have with third world countries?"<<

Or the relationship the United States had with England before the American revolution. Or the U. S. South with the North before and after the Civil War.

If the United states would spend money on energy technology instead of trying to make the Middle East over in our image, the results could be astonishing. We let ourselves fall behind the Russians with rocket technology and ten years later we were landing men on the moon.

I have to admit that I do love the French combination: Gothic cathedrals and nuclear reactors. The United States does not have a single passenger train to compare with the French TGVs.

Maybe what the U. S. needs is a really big shock--a kind of economic Pearl Harbor. It could happen. Paul Volcker seems to think it will.



To: mishedlo who wrote (16033)11/17/2004 11:22:33 AM
From: GraceZ  Respond to of 116555
 
Most of what the US sells abroad doesn't need to ship in a container. That which needs a container is built by US companies abroad so is never subject to import/export taxes and restrictions. I send my output to China on a regular basis (used to go via UPS and now goes via the Internet to avoid customs delays) and have been doing so for over 10 years when people first started printing photo books over there. I doubt seriously if "exports" like mine are ever even factored.