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

To: mishedlo who wrote (35636)	8/21/2005 1:54:15 AM
From: shades	Respond to of 116555

Mish I know you have raised the point about comparative advantage and us sending some underwear jobs to china - well see we send them the low tech manufacturing and keep the high tech underwear in the west - HAHA! slashdot.org British Soldiers Get Germ-Fighting Undies Posted by samzenpus on Saturday August 20, @12:56AM from the self-cleaning-shorts dept. Ant writes "Yahoo! News reports that British soldiers will be getting germ-fighting underwear. The antimicrobial underpants have been introduced by the Ministry of Defense as part of a new desert uniform for soldiers. They are the first undergarments issued to British troops, who traditionally have had to supply their own. Military officials said Thursday the unisex trunks were made from artificial fibers for comfort, with silver particles woven into the material to prevent sweating. "It is coated to prevent bacterial infection, and we have tried to arrange the seams so that they don't chafe," Col. Silas Suchanek, who led the team that procured the new equipment, said Thursday." The army's new desert kit also includes boots with rubber soles designed to withstand temperatures of up to 572 degrees, wraparound sunglasses, light Kevlar-nylon helmets and "combat sandals" for off-duty wear. HAHA!! The British Army has faced criticism for allegedly inadequate equipment. A government report on a military exercise in Oman in 2001 found that soldiers complained that standard-issue boots fell apart or melted in the sun and in some instances caused foot rot, while the man-made fibers of standard uniforms resulted in heat-stress illnesses. The government acknowledged that at least a quarter of troops bought some of their own equipment, with U.S. Army desert boots a particular favorite. Armed Forces Minister Adam Ingram said the new equipment would make Britain's troops "among the best equipped in the world, ready to face environments ranging from desert conditions in Iraq, monsoon conditions in Brunei, to winter in the Balkans." "Support for the modern serviceman or woman starts from the skin out," Ingram said. The defense ministry said the new underwear was already being issued to troops. The rest of the equipment will be introduced by March.

To: mishedlo who wrote (35636)	8/21/2005 9:02:53 PM
From: bond_bubble	Respond to of 116555

Mish, Did you notice an interesting fact on the first graph? In 1930, right when recession was starting, oil prices peaked!!! Do you know that - lot of people complain that - fed raised interest rates during recession (in 1931) and that is why depression started!!! Amazing isnt it? The fed raised rate to cool down the inflation in the oil etc. and the defaults and deflations started!!! Are we following 1929 depression in every aspect?? Also, In 1929 stock market fell a lot - but strangely it recouped 50% of the loss by early 1931 - may be because fed pumped lot of money!!! Are we following 1929 in every aspect - stock market - oil etc. etc...The signs all point to deflationary recession....