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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (31882)10/18/1998 10:30:00 AM
From: Joseph G.  Read Replies (1) | Respond to of 94695
 
I never knew Japan + Korea ever exported much meat.

TVs are made in Mexico and Singapore now. I've a SONY TV "assembled in Mexico", looked inside, chips are made in Singapore ...



To: Haim R. Branisteanu who wrote (31882)10/18/1998 12:47:00 PM
From: Lee Lichterman III  Respond to of 94695
 
>>>Just compute how many people will start eating meet, buy a TV set or other consumer electronics products or ride a car if commodities are rising so that Japan and Korea could sell them those gadgets<<<

Yes but repeated interest cuts here causing a devalue in our dollar will make Japanese produced items cost more and hurt their export to the US. This will help the US exporters but start to hold back the massive exports from other nations. I hate to say it but this is the one good thing IMO of this cut. We have to save ourselves before we become the saviour of the world. Asia was trying to export their way out of this and the latest and future interest cuts here are going to curb that a bit.

Lee