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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: FrozenZ who wrote (30894)4/18/2005 11:36:43 AM
From: mishedlo  Read Replies (1) | Respond to of 110194
 
I did think you sort of glossed over the number one export the USA has which is agriculture, made possible of course by cheap illegal migrant labor (different topic).

If I am not mistaken - agricultural trade recently went negative

Bean prices went parabolic last year then crashed not because of inflation or demand from China but because of bean rust in Brazil.

If someone found a cure for bean rust the price of soybeans would likely crash (weather dependent of course ggg)

Mish



To: FrozenZ who wrote (30894)4/18/2005 1:09:58 PM
From: gregor_us  Respond to of 110194
 
Some Have Remarked That Our Greatest Export is the Dollar.

I think the twist is as follows: "What does WMD really stand for?"

We Manufacture Dollars.

Meanwhile, Uncle Buck is once again having trouble today.

Going forward, we likely will indeed do well exporting agriculture--and coal. All priced in cheap USD.

Regards,

LP


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