China and Japan...

...will pay the price!

Environmental Visions

In this video, Ray Anderson talks about externalities and how his company, Interface Carpet, developed its environmental vision.

Domestic Political Consequences

I think the dollar crisis/collapse may provovide the catalyst for getting USA people out their zombie estate of mind.

Knight In Shining Fed

There seems to be a white knight coming to the rescue:

Fed Foreign Holdings of Treasury, Agency Debt last week (ended 10/17) jumped $14.4bn to $2.018 TN. "Custody holdings" were up $266bn y-t-d (18.8% annualized) and $333bn during the past year, or 19.7%. Federal Reserve Credit was little changed at $858bn. Fed Credit has increased $5.9bn y-t-d and $26.6bn over the past year (3.2%).

Working together?

President George W Bush's administration wants to solve the
foreclosurecrisis by getting lenders and borrowers to renegotiate the
terms of loans.

There is a natural level of foreclosures that goes on in an economy in
good times and bad... it's part of the nature of how our economy works
Robert Steel
US Treasury Under Secretary for Domestic Finance

Some More Analysis

A capital inflow of $120.9 Billion in June, to only $19.2 Billion in July to a NET Capital OUTFLOW of $69.3 Billion in August tells me the GOOSE is COOKED for the US: a collapse of the US Dollar is imminent as the foreign holders are rushing to the exits and a severe Depression is on the way, as Americans will be forced to reduce their excessive consumption by at least 35% in order to erase the deficit in a Current Account no longer financed by foreigners...

Treasury International Capital (TIC) Data

Treasury International Capital (TIC) Data for August

Treasury International Capital (TIC) data for August are released today and posted on the U.S. Treasury web site (www.treas.gov/tic). The next release, which will report on data for September, is scheduled for November 16, 2007.

Net foreign purchases of long-term securities were minus $69.3 billion.

* Net foreign purchases of long-term U.S. securities were minus $34.9 billion. Of this, net purchases by foreign official institutions were minus $24.2 billion, and net purchases by private foreign investors were minus $10.6 billion.

http://www.treas.gov/press/releases/hp611.htm

Now, let's compare with June and July to establish a CLEAR TREND:

Treasury International Capital (TIC) Data for July

Treasury International Capital (TIC) data for July are released today and posted on the U.S. Treasury web site (www.treas.gov/tic). The next release, which will report on data for August, is scheduled for October 16, 2007.

Net foreign purchases of long-term securities were $19.2 billion.

http://www.treas.gov/press/releases/hp560.htm

Treasury International Capital (TIC) Data for June

Treasury International Capital (TIC) data for June are released today and posted on the U.S. Treasury web site (www.treas.gov/tic). The next release, which will report on data for July, is scheduled for September 18, 2007.

Net foreign purchases of long-term securities were $120.9 billion.

http://www.treas.gov/press/releases/hp534.htm

E-Biz

What is e business? E business means that every business
operation from supply chain to production, from packaging to
transportation, from marketing to selling, from customer services to
customer relations, all become the part of one integrated
Internet-based system.

Let us see the example of Cisco, world number
one company by market capitalization. By using Internet based systems,
Cisco has maintained its speed, culture of empowerment, and
competitive advantage.

All of the company's business operations from
finance to supply chain management to employee communication are
Internet based. According to a news report 85 per cent of their orders
and more than 82.5 per cent of their customer inquires are web-based.

The World Bank and International Monetary Fund are grappling with diminished roles and relevance since China, Russia and other rapidly developing countries have amassed wealth to the point they now outstrip the Bretton Woods institutions as the biggest lenders in the world.

Referal Options

Check out these referral options:

What Can We Compete With?

Yeah, farming industry, porn and Boeing. That's it.

Of course it will take a couple of years before we totally collapse.

Walmart

Walmart tried for years to offer only American-made products, and assumed that Americans would prefer them. Walmart discovered that its competitors were realizing significant cost advantages by importing goods. It became apparent that Americans really do not care where their shirts and shoes and tools are made. American consumers just want lower prices. So Walmart adapted to the desires of its consumers.

I was not a Walmart shopper until recently. Once I realized how much liberals hated Walmart, I had to shop there. My wife and I have discovered that we can both save money and irritate liberals at the same time. I am so happy!

current dollar devaluation

The current dollar devaluation today triggered the commodity boom in 2000; this secular market move will last another 10 to 20 years. During this process of adjustments of gross economic unbalances, the USA and western European financial system and their fiat currencies may cease to exist, especially the dollar. Wealth would have moved East and South. We may end up being several countries and Europe another Walt Disneyland but with stone castles instead of paper mache.

In summary, THE DEGREE OF THE USA DOLLAR DEVALUATION IS NOT CONTROLLED BY USA ALONE ANYMORE and the price of gold is confirming that laud and clear.

A billion Yesterday

According to calculations in an article I read........

A billion seconds ago the Vietnam War was in progress.
A billion minutes ago was just after the time of Christ.
A billion hours ago man had not yet walked on earth.
A billion dollars were late yesterday in New York.....

DEPRECIATING DOLLAR

THE FACT OF THE MATTER IS THAT THE DEPRECIATING DOLLAR THIS TIME IS FAR FROM AN ECONOMIC TOOL FOR COMPETITION! IT IS JUST COLLAPSING!

profitability IS EVERY WHERE ELSE BUT HERE.

The dollar index since Nixon lost over 50% of its value (165 versus 78 today) because they relinquished the Bretton-Wood Treaty and therefore since then the amount of printed dollar out of thin air double every few years. This devaluation scenario that goes way back to 1920, allowed us to robe the world with cheaper and cheaper commodities; to the point that copper price today is still at 1930’s price.

But what has changed in the last 20 years or so is that our currency monopoly is over with the dollar (now world deposit in Euros is close to 30% if not more); the US is undisputed technological lead is over; guns, boats, satellites, missiles are now build by other countries and therefore the looting and invasions is coming to an end; our tax system to finance wars and life style beyond their means rendered our corporations uncompetitive (just yesterday it was announced that another 18.000 jobs were lost in the industrial sector); there is no boom available to USA fraud: consumers are trapped in debt, there is no growth (we need as minimum 250.000 new jobs per month, GDP over 3.75% yoy), the obscene debt is eating our future (debt is now well over 7% and still growing and for growth needs to be bellowed 3.7%); there is no major new investment here because the profitability IS EVERY WHERE ELSE BUT HERE.

Euro Dragons

A depreciating dollar is sometimes a tool of economic competition between the US on the one hand, and Europe and Japan on the other.

The Dragon and the Dollar