Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: mishedlo who wrote (21296)	1/13/2005 3:02:09 PM
From: RealMuLan	Respond to of 116555

Thanks to all the US big corporations

To: mishedlo who wrote (21296)	1/13/2005 3:39:44 PM
From: RealMuLan	Read Replies (2) \| Respond to of 116555

Mish, or else the US companies could never ever make the highest profit since WWII --“In the USA, corporate profits (and proprietors' income) already exceeded 20 per cent of GDP early last year, higher than their previous peak in the last cycle (that peak was achieved in late 1997, six years into that particular expansion) (5). As the Washington-based Employment Policy Institute said with regard to the USA: 'this is the most profit-biased recovery since World War II' - the profit share of corporate income growth has been more than double the average of post-War recoveries (6). In Britain too, profits also appear to have already peaked, though at 22 per cent they do not quite reach the 25 per cent-plus levels of the high points in 1985 and 1997.” Message 20927419 Two some years ago, 50-60% of all imports to the US from China were by the US companies, and now close to 80%. And the price they sold in the US in not significantly lower than those made using US labor. So their profit has been skyrocketing.