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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (42881)11/18/2008 3:46:09 PM
From: elmatador  Respond to of 219715
 
This is good. very good. Last thing we could have is a Brazil gorging in oil money and screwing up.

We are self sufficient. The world already knows where the oil is. We are not in hurry. They stopped making oil a long time ago.



To: Elroy Jetson who wrote (42881)11/19/2008 12:17:57 AM
From: elmatador1 Recommendation  Respond to of 219715
 
Emerging Countries Called Key to Global Recovery. China acknowledges the Asian model -of exporting their way out of poverty- is dead.
“If Chinese companies are to succeed in the future,” he said, they will have to recognize that “their comparative advantage lies in the domestic market, not the export economy.”

If the US were to be kept as world growth engine (and refuse to return to its natural size “We’re going to need a huge stimulus package from the United States, on the order of $2 trillion, to get the global economy out of the financial crisis. So far, we’ve only seen about $700 billion. As a result, next year I expect to see more pain and fear.”

nytimes.com



To: Elroy Jetson who wrote (42881)11/20/2008 8:20:36 PM
From: Wyätt Gwyön  Read Replies (2) | Respond to of 219715
 
Elroy, what do you make of the near 40% collapse in your beloved Australian dollar? i don't mean this sarcastically, as i am holding myself, just curious on your take. it seems to me this is a great time to buy AUD, but it is also a great time to buy everything else besides USD and JPY. however, the world has decided only USD and JPY are to be bought.

for now.