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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (70901)	1/1/2009 8:22:53 PM
From: Maurice Winn	1 Recommendation Respond to of 74559

Thanks. I know they have excellent fibre supplies so Hong Kong might be a good northern HQ. It would be annoying to have some Peoples Liberation Army bureaucratic spivs editing what I look at. Meanwhile, markets are off to a good start in 2009. I exported some US$ from California to be closer to home in the event that there's a sudden "hold the currency while we work out what to do" order. Authorities love being authoritarian and simply having another beer isn't their natural state - when there are market dramas, they want to get in on the act too, preferably by grabbing $2 trillion and having a big spend-up. In the interests of saving the economy of course [though how spivs spending money is supposed to make things better is beyond me - the reported spending so far has been a waste of money]. Obama wasting a lot of money on alternative fuels won't help. BP Oil used to pay me a lot of money to do that and the problem is an economic one, not a technological one. If there's a buck in alternative fuel, BP, Exxon and Shell are perfectly capable of coming up with it without taxpayers being robbed to pay for it. Obama could put a big import tax/duty/tariff on carbon coming into the country and cut taxes in the USA by even more. That would help get incentives right. It would also reduce the value of Islamic Jihad's raw materials which would be a good thing. Mqurice