“Inflation is the major threat to Asian countries,” said Jong-Wha Lee, the head of the Asian Development Bank’s office of regional economic integration.
It is also a threat to Western consumers because Asian exporters, even in very poor countries, are passing their rising costs on to customers.
http://biz.yahoo.com/nytimes/080408/1194763172733.html?.v=6
Once upon a time, this posed an inconvenience more than anything else, as the strong American economy could force "developing nations" (even China) to swallow rising costs, by threatening to "take business elsewhere". But there are no more "elsewheres", AND the American economy is teetering, perhaps not on the verge of a meltdown, but, relative to the world, definitely in anticlimax.
As Mao Tse Tung noted:
"All reactionaries are paper tigers. In appearance, the reactionaries are terrifying, but in reality, they are not so powerful. From a long-term point of view, it is not the reactionaries but the people who are powerful."
And, short of completely re-arranging their economy and lifestyle, The United States' hope of re-emergence is only fantasia. Their ascendancy had a near-hundred year run -- the equivalent today of Rome's 1,000 year reign. The "barbarians" have arrived at the gates.
Stumble It!
The unaccounted physical costs of those products are some of the biggest contributors to global warming, pollution, resource depletion, the growing poverty and homelessness figures, epidemics , etc.
All unaccounted, because our miseducated economists and braindead politicians are the victims of a sick, faith based theory. Not to mention the waiting directorships.
The biggest fraud and crime wave in history that could easily destroy human civilization and the Earth.
But, of course, that would be the most "competitive" action, so who could argue against it?
Ed Deak.
http://www.helenair.com/articles/2008/0 ... ilcars.txt
Railcars idle as economy falters
By SUSAN GALLAGHER - Associated Press- 04/04/08
CRAIG — BNSF Railway Co., the nation’s top hauler of container rail freight, is parking miles of railcars in Montana and elsewhere because there isn’t enough freight to keep them rolling.
Cars that often carry 40-foot containers of goods shipped from Asia stand like an iron fence between the Missouri River and this Montana burg known for world-class fly fishing. They stretch as far as Sandee Cardinal can see when she stands outside her home on the river’s west bank between Helena and Great Falls.
‘‘What is that but a symbol of how America is down in the dumps right now?’’ Cardinal asked as she gazed at the cars that haven’t moved for about three months.
The cars parked are the type that haul cargo from ships on the coast to points inland, mainly imported goods — an area that’s starting to slow down due to the weak economy. Analysts say transportation usually is among the first sectors to show signs of a downturn in the economy and with Americans feeling pinched — employers eliminated 63,000 jobs last month amid declining consumer confidence — it could be a while before the idle cars move.
it could be a while before the idle cars move.
When we're going to town, the last 16 km. on Hwy 97, we always meet several large trucks on that short stretch, going day and night, taking lumber South to the ports, when it could be taken by rail at a fraction of the oil use and pollution.
Very "efficient". But it drives up the GDP, so economists and politicians are happy.
Ed Deak.
it could be a while before the idle cars move.
We?
You got a rat in your pocket?
We?
I heard the storied of of those riding the rails and being beat by rilyard Bulls
There was no romance ther Bro. ther was hardship the like never seen sinse.
And yes I see your quotation marks
This depression will spawn a crime wave and in fact already has.
Whether there is an abundance of railcars or a shortage you can be certain
there is a manipulation of the so called economy to fatten the coffers of the few at the expence of the many
We?
We?
The "greater" we..............and you know as well as anyone that "the good ol' days" acquires a kind of rosy glow to the succeeding generations........
Also, the protests against the export of raw logs are worthless, as by NAFTA and WTO rules, once a "commodity" starts crossing borders, nothing can reduce, or stop the volume, even to save lives, let alone jobs.
And that law was negotiated by Canadian economists and signed by Canadian politicians. Now not even the opposition daring to mention that we're cooked, as long as we're in those criminal organizations, designed and set up for legalized theft, as any questioning may reduce our "exports" and the "GDP".
Ed Deak,
Ed Deak.