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

To: TobagoJack who wrote (52116)	7/5/2009 4:30:12 AM
From: elmatador	Respond to of 217901

The youth of the work forces tips the scale. Cannot be rebalanced. The OECD is already built and well maintained. There's not much to do there. So the money and the jobs moved to emerging marlkets. Here, the energy of the young men can do this job. Older people cannot compete with them. Besides they have the brains to face the: Culture shock The mental pressure of facing an explosion (althou a anti-personal mine can't do much against a 20 ton backhoe excavator. The grinding routine of working witout entertainment. In one year I will have Benguela-Luanda fiber links ready and Lubango-Huambo.(about 1100Km) Plus two cities metro rtings completed: Benguela and Sumbe. But I want to finish even before that. Huawei subcontractors work one shift 6AM to 3PM. Another shift from 3PM to 8PM. 7 days a week. Each day between 600m to 1.300m of fiber trench is dug by each machine they have on the field. The Huawei subcontractors have life camp by the side of the road in a camp. it is big tent. some bricks wall. and covered with plastic material. they have beds with mosquito net. They have a cook and stock of diesel for the machines and drinking water. the water for bath comes from the river They have stock of fiber drums, warning tape and such in this base camp. Electricty comes from generator set. The Chinese will take the telecoms market for themselves.

To: TobagoJack who wrote (52116)	7/5/2009 4:36:07 AM
From: elmatador	Respond to of 217901

Elmat's "the Great Unwinding" becomes a populat term. telegraph.co.uk

To: TobagoJack who wrote (52116)	7/5/2009 4:38:29 AM
From: Gib Bogle	Respond to of 217901

"militia groups that sprang up in Texas, Idaho, and Ohio in the aftermath of recession" It is from these ranks that an Obama assassin might emerge.

To: TobagoJack who wrote (52116)	7/5/2009 6:01:21 AM
From: elmatador	Respond to of 217901

Dubai Expat Exodus Hots Up As Boom Yrs End,Econ Suffers forced to close his business and flee to the U.K. with his pregnant wife and three children to escape potential criminal charges and alleged threats on his life by creditors after Blue Banana failed. Dubai Expat Exodus Hots Up As Boom Yrs End,Econ Suffers By Stefania Bianchi Of ZAWYA DOW JONES DUBAI (Zawya Dow Jones)--British entrepreneur Simon Ford came to Dubai in 2004 with ambitious goals, setting up a gift experience business called "Blue Banana" aimed at the throngs of expatriates flocking to the Persian Gulf boomtown. But boom turned to bust and with an exodus of "white collar" foreigners losing their jobs and leaving the emirate, Ford's Dubai dream ended. The 34-year old last week was forced to close his business and flee to the U.K. with his pregnant wife and three children to escape potential criminal charges and alleged threats on his life by creditors after Blue Banana failed. "I have been through the most soul destroying and emotionally horrific four days of my life," Ford said in an emotional letter "to the Dubai public". "The unfortunate reality is that the businesses debt accumulation has grown exponentially since the last quarter of 2008." Ford is just one of thousands of expatriates for whom the Dubai dream has ended, leading many analysts to forecast a worsening outlook for the sheikhdom's economy as its population shrinks. Many foreigners who normally leave Dubai in the summer to escape the sweltering desert heat aren't expected to return this year, adding to the emirate's economic woes. School closing for the summer could trigger a wave of expats leaving. "The summer period will be crucial with the expected exodus of expatriates after the school year-end," said Nabil Ahmed head of research for Deutsche Bank in Dubai. The bank says an expatriate exodus over the summer could prompt a 15-20% fall in property prices on top of declines already this year. It expects Dubai's population to contract 10% this year due to layoffs. Deutsche's glum assessment is backed up by Standard Chartered, which also warns of a "major population outflow in the coming months". More than 100,000 British are thought to live in the United Arab Emirates, mostly in Dubai, according to the British Embassy. ABANDONED HOUSE CATS While it's difficult to obtain firm data on the expected number of foreigners leaving - the government also dismisses claims of exiting expatriates - anecdotal evidence suggests otherwise. Relocation firms are seeing a sharp rise in families moving away from Dubai. Some companies say they're fully booked until mid-July and are expecting a surge in activity when schools close this month. Jumeirah, once one of Dubai's most sought after residential districts, is now littered with signs pointing to garage sales and property to let as its residents cut their losses and leave. Allied Pickfords, one of the largest international moving companies, said it's handling about 25 relocations away from Dubai each day. "We're probably 20% to 30% busier this year than last year," said Mac Perez, corporate manager of Allied Pickfords in the U.A.E. "However, the inquiry levels for relocations to the U.A.E. has decreased." Pet refuges are inundated with requests from departing owners to take care of unwanted dogs and house cats. Dubai-based cats home Feline Friends gets 10 calls a day from people skipping town in a rush. "We're supposed to have room for 80 cats and 10 emergency spaces, but we have 120 cats at the moment. Summer is always a difficult time but this year is a lot worse," one helpline worker said. To be sure, the city isn't a ghost town, even though the streets are noticeably quieter. Some sectors have shown modest signs of recovery in recent months after Dubai announced a $20 billion bond program to bail out its economy in February. The U.A.E. central bank immediately bought up the first tranche of $10 billion, most of which has been dispersed to government-linked firms. Although the summer's expat departure is likely to stall Dubai's road to recovery, analysts say it could also signal that the worst is over. "Things will be a lot clearer in September and should point towards a recovery in the next few quarters after that," said Philipp Lotter, senior vice president at Moody's Investors Service in the Middle East. By Stefania Bianchi, Dow Jones Newswires; +971 4 3644967; stefania.bianchi@dowjones.com Copyright (c) 2009 Dow Jones & Co.

To: TobagoJack who wrote (52116)	7/5/2009 8:06:20 AM
From: dvdw©	Read Replies (1) \| Respond to of 217901

An outtake from your piece; French president Nicolas Sarkozy, with a good nose for popular moods, says: "We must overhaul everything. We cannot have a system of rentiers and social dumping under globalisation. Either we have justice or we will have violence. It is a chimera to think that this crisis is just a footnote and that we can carry on as before." says it all. can stop right there. must have a good antenna in his midst, catching leaky bits to reach the proper surmise. the triangle religious hegemony, oligarchic hegemony, socialist hegemony.......is the model of the chaos crowd, its broke as it is.... youtube.com

To: TobagoJack who wrote (52116)	7/5/2009 3:30:00 PM
From: energyplay	Read Replies (3) \| Respond to of 217901

I expect most governments are aware of the dangers of high unemployment, and have huge work programs, training programs, planned. It appears the US activity will go into high gear at the start of the Federal fiscal year, which occurs on October 1, 2009. It will take a few months for spending to ramp up, but by January-March unemployment should be declining sharply. Economic activity should pick up in 2010, which should improve state and city budgets, stopping job loss there, possibly adding some jobs. There should be vastly improved economy by the mid term elections in November (cynical, yes - but likely a self-fulfilling prophecy). >>> One key question - Christmas retail season - down or total disaster ? <<< This could be the "year without Christmas" for the retail, travel, toy etc. businesses.