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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Taikun who wrote (61158)3/18/2005 3:41:36 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
Prime reason d'etre of the World Bank has always been to buy good behavior. Started during the Cold War. Bush needs to tap World Bank money to bribe nations that allign themselves with the US policies. Hence the choice.

This because the UK is trying to make inroads into Africa (see its program to 'fight poverty'). Brazil India and China are creating their own sphere of influence. The US doesn't want to stay outside and will buy support using World Bank's money.



To: Taikun who wrote (61158)3/18/2005 10:03:03 AM
From: TobagoJack  Respond to of 74559
 
<<Do you think that Washington can see the road ahead>> ... no

and <<moving to a partially gold-backed USD in case trouble arises?>>

... trouble would mean collapse, as in "game over, player 1"

chugs, jay



To: Taikun who wrote (61158)3/20/2005 2:18:42 PM
From: BubbaFred  Read Replies (4) | Respond to of 74559
 
Here is what I think happening. Let me know your thoughts.

US now has control of world's oil supply, with production from Iraq. The production can be turn on or off, and just right for minimum pain impact on US economy, and relationally to those EU and Asian economies. It can be a method for causing max pain for someone else while enduring min pain in US. I don't think crude oil going toward $65 and $85 is not from supply and demand. The supply is slightly above the demand. The supply from Iraq can be a big factor on $40 to $60 price range. The certain anticipation increasing future demand is one reason some entity is able to manipulate the price. That's for the nearby years, not looking 10 or 20 years from now. That makes it easier and profitable to invest in energy price manipulation. I think it's a war on which country(ies) can withstand the burden of increasing energy cost. For sure it will slow the growth in those rapidly developing countries. The cost for improving standard of living (both infrastructure construction and manufacturing of consumer goods) will be higher. I think that's one war being staged today - US economy and standard of living can withstand slow growth, remain stagnant, or even decline slightly in exchange for greater decline in EU and wage inflation pressure in China.



To: Taikun who wrote (61158)3/26/2005 3:02:54 PM
From: smolejv@gmx.net  Read Replies (2) | Respond to of 74559
 
my 2c on Wolfowitz, World Bank and some other nominations ... One German diplomat opined off the record, that US is all over the place anyhow ... Looms there like some football player and you better shut up, especially if it's just you and that fridge meeting in some dark corridor. What's new is possibly in-your-face / pick-your-finger attitude. But otoh is that really something new (g)?

Germany at the moment is in the introspection mode - 50 years since 1945... Those HJ kids you see on photos, with raised hands, crying, watching GIs twice their size and thrice their age - they are now not very far away from the moment when they'll go see their creator. For sure, they will not be around for the next decenial anniversary... So's all the others - the masses driven out of East Prussia - women (!), kids again...

They have all a message for us staying around for some more time....

dj@lurk.si