http://zerohedge.blogspot.com/2009/04/s ... arket.html
Perception of reality appears to be very soon.
http://blog.foreignpolicy.com/posts/200 ... the_dollar
Even when they move forward we are sleeping at the switch.
They are moving forward and we are where in there concern?
Need less to say trade is not a issue when we have nothing they really want.
The U.S. crisis reflects regulatory problems in the U.S. and innovative financial products that ignored basic economic rules,'' former Chinese central bank deputy governor Wu Xiaoling told a financial conference in Beijing recently." "The U.S. crisis today would be China's tomorrow if financial products such as securitization are introduced without proper risk-control measures.'' Chinas' cautious attitude, government banks, and regulatory framework have helped China to restrict its losses and write-downs from the credit-market crisis to less than 1 percent of the massive global total. The feasibility of bank nationalizations, closer regulation, and banning certain types of transactions, such as derivatives, which carry excessive risk are all lessons which can be learned from China. Banks, financial companies, and the wealthy should not be allowed to unload their bad debts onto ordinary workers and taxpayers. It's sheer madness to allow them to transfer a trillion dollars from workers and taxpayers to themselves.
The US has become increasingly frustrated by what it says is the gutting of its proposals to cut farm tariffs. Rich WTO members such as the EU, Japan and Switzerland, and poorer countries such as India, Indonesia and the Philippines, have sought to protect a wide range of agricultural products from tariff cuts. Susan Schwab, US trade representative, said such exemptions would defeat the object of the talks, to create trade flows. “As we went through the layers of loopholes . . . we discovered that a couple of our trading partners were more interested in loopholes than market access,” she said. Pascal Lamy, WTO director-general, said the failure would “send out a strong negative signal for the future of the world economy amidst the danger of a resurgence of protectionism.
They are moving forward... we are eating our capital base to systemic malinvestments which will "are" unfolding.
There seed money is for revenue based infrasture trades of contract. Our basis is pointless since time is a function of reality
and permagrouth is led us where. The lack of contract and transparency to capital decisions to date have told the taxpayer what to date?
Economic gravity apply's in all cases. The context is simple, They are expanding intra markets and we are malinvesting resources leveraged to impossible claims on future labor claims that are not there. There math apply's and ours is pumping another bubble.
http://www.bloomberg.com/apps/news?pid= ... RppMJqgURA
And we have watched it since the 80's culminate to our fixated closure still unfolding. Policy does echo those in the population who believe their interests are best served by living at the expense of others. I think John's observation's are correct to the trigger mechanisn and not a single event other than time which is passing. The effective and proper capital management is leading us in the direction we need to prepare for are being
slowly left behind. I guess we will get there but overall the focus is still rather myopic to investments
in proper context to value. We released our numbers and just on that alone things are and will wind down which will be evident. Product lines are clipped to reflect the reality's we must prepare for.
Fear and praise for the new age. Emptor
http://news.xinhuanet.com/english/2009- ... 207316.htm
http://greattrades.blogspot.com/
