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


To: Elroy Jetson who wrote (26035)3/20/2005 4:45:34 PM
From: Jim McMannis  Respond to of 116555
 
I'd say that's a pretty darn good answer, thanks.



To: Elroy Jetson who wrote (26035)3/21/2005 12:10:32 AM
From: Amy J  Read Replies (1) | Respond to of 116555
 
Elroy, RE: "Reagan replaced income tax cuts with a larger Monetarist tax - punishing savers through excess debt creation."

Can we borrow Australia's government leaders for a week too, please ?

RE: "Form a cultural perspective, Australia does not have the mind-set of empire"

After a lot of damage is created and maybe after we get a new Congress, our govt will begin to realize we are not the world's empire anymore.

Regards,
Amy J



To: Elroy Jetson who wrote (26035)3/21/2005 2:29:32 AM
From: John Vosilla  Respond to of 116555
 
Additionally, in Monetarist terms, Australia has a full armory with an economy whose recent modest weakness, in the face of a 5.75% short-term rate and rising, is still stronger than the US economy.

That we all know there would be a collapse of our economy with such interest rates that were considered neutral only 5 years ago shows how far and how fast the USA has fallen.