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

To: Sea Otter who wrote (72476)	12/17/2007 11:20:08 PM
From: mishedlo	Read Replies (2) \| Respond to of 116555

Thanks Sea Otter - Here is Ohio Credit Squeeze In Ohio globaleconomicanalysis.blogspot.com Cleveland Mayor Frank Jackson said today that he and top advisers are working to stave off a money crunch that could jeopardize large capital projects on the horizon. "There's no room for us to borrow money," Jackson said in an interview with Plain Dealer reporters and editors Tuesday morning. "That means I have to find a new way to do business. What I don't want is anyone to interpret this in any way to discourage investment or induce panic that the world is ending, because it's not," the mayor said. Mish

To: Sea Otter who wrote (72476)	12/18/2007 11:41:40 AM
From: coug	Read Replies (1) \| Respond to of 116555

Hi Ms. Otter, re: <<If/when silicon valley goes under, I think we can safely say that the tsunami has hit the US. But for now all systems remain go.>> What percentage of goods (tech) and services (support) from SV goes overseas (middle and far east for example) vs. what stays in the US for consumption? IMO, it must be the majority to keep your bubble alive because much of the rest of this country is suffering and SV can not use it all themselves. :).. From what I know, (not much, I admit, about your neck of the woods :)), I would watch China very closely and if I lived in SV, and when she sneezes I would bundle up too.. :) Oh, btw, how is the commercial real estate market there? That might be a canary to watch. c