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


To: RealMuLan who wrote (18229)12/9/2004 5:10:55 PM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
China bargains destabilize economies

By Rich Lewis,December 9, 2004

The flakey but influential Internet news site "The Drudge Report" recently ran the following screamer headline: "Communist Christmas: Wal-Mart 'Made in China' Inventory to Hit $18B."

[what does the cheap labor in China has anything to do with their political system?]

The link was to a story in China Business Weekly saying the world's largest retailer bought $18 billion worth of goods from China this year, up 20 percent from 2003, a trend "expected to continue."

[those increasing trade are with other countries. The Sino-US trade is projected to be flat or decline about 0.5% y-o-y. so stop whinning.]

...

China cannot, and should not, be stopped from taking its place in the world, but making room for this once "sleeping giant" is becoming increasingly difficult.There is only so much wealth to go around.

[so is that what all about? To prevent China to get the share of wealth they deserve?]

cumberlink.com



To: RealMuLan who wrote (18229)12/9/2004 8:54:56 PM
From: mishedlo  Read Replies (3) | Respond to of 116555
 
Yiwu I think it was a mere typo.
Let me correct it for you.

Original statment
US EIA sees oil at 25 usd/barrel in 2010, 30.31 in 2025 at constant dollar

Revised statement
US EIA sees oil at 25 barrels of US$ in 2010, 30.31 barrels of US$ in 2025

There, with that simple revision I am sure the article makes sense now. ggg

Mish



To: RealMuLan who wrote (18229)12/9/2004 9:11:13 PM
From: mishedlo  Read Replies (1) | Respond to of 116555
 
house of the future
housesofthefuture.com.au



To: RealMuLan who wrote (18229)12/9/2004 10:19:40 PM
From: yard_man  Read Replies (6) | Respond to of 116555
 
by constant dollars -- they mean real dollars -- you must apply deflators to that to get nominal dollar yiwu. $25/barrel in 2010 is probably more like 35 - 40 bucks after they apply their deflators.