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


To: mishedlo who wrote (37259)9/15/2005 1:11:41 PM
From: marginmike  Read Replies (3) | Respond to of 116555
 
Absolutly disagree..The japenese have been marred in deflation for 15 years. They are the one country inflation will help dramaticly. Also They are the bigest benificiary of asian growth. Japan is the place to be investing..Ive said it for over a year and now it seems to be working.



To: mishedlo who wrote (37259)9/15/2005 2:59:36 PM
From: patron_anejo_por_favor  Read Replies (2) | Respond to of 116555
 
More broken window fellatio from Dollar Ben, the gambler's friend!

news.yahoo.com

Katrina's economic hit palpable: adviser 1 hour, 49 minutes ago


Hurricane Katrina will hurt the U.S. economy in the short run but bright long-term prospects mean the Bush administration can push ahead with its reform agenda, a top White House economic adviser said on Thursday.

"In the shorter term, the devastation wrought by Hurricane Katrina will have a palpable effect on the national economy," White House economic adviser Ben Bernanke said in prepared remarks for delivery at the National Press Club. But he said private-sector forecasts were for healthy long-run growth.

Bernanke said the White House intends to continue pursuing policies that have make the economy able to withstand shocks and that will keep growth on track.

"These policies include making tax relief permanent, reducing the budget deficit by limiting spending, strengthening retirement and health security through efforts like Social Security reform ... and enhancing energy security," Bernanke said.