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

To: Jim Willie CB who wrote (32882)	5/20/2005 11:09:36 PM
From: TigerPaw	Read Replies (2) \| Respond to of 110194

A move by China to revalue its currency "does not follow that that will lower our overall trade balance," Greenspan said. "Indeed, it's probably quite unlikely." That's because companies are likely to turn to other countries, such as Thailand or Malaysia for goods, rather than U.S. producers. "So essentially what we will find is we're importing from a different area, but we will be importing the same goods," Greenspan said. news.yahoo.com

To: Jim Willie CB who wrote (32882)	5/23/2005 9:21:38 AM
From: FrozenZ	Read Replies (1) \| Respond to of 110194

Have you read "Confessions of an Economic Hitman" by John Perkins? This is a must read for anyone who wants to understand the context of American foreign policy. It was the most eye opening book I've read in a long time. It explains a lot of why America is so hated throughout the world while Americans themselves, getting their news from corporate controlled newsmedia just can't understand it. "JOHN PERKINS: Basically what we were trained to do and what our job is to do is to build up the American empire. To bring -- to create situations where as many resources as possible flow into this country, to our corporations, and our government, and in fact we’ve been very successful. We’ve built the largest empire in the history of the world. It's been done over the last 50 years since World War II with very little military might, actually. It's only in rare instances like Iraq where the military comes in as a last resort. This empire, unlike any other in the history of the world, has been built primarily through economic manipulation, through cheating, through fraud, through seducing people into our way of life, through the economic hit men. I was very much a part of that." http://www.democracynow.org/article.pl?sid=04/11/09/1526251