"MacHamish" <russj41@concentric.net> wrote in message
news:a1bhq0dpv6m3i8leq0tjiqmu80c3nncapr@4ax.com...
> On Sat, 27 Nov 2004 21:04:53 +1300, "Adam Whyte-Settlar"
.
> >
> >I absolutely agree - pity your government doesn't seem to understand such
> >basics eh?
>
> Yes, it is actually.  Fortunately, the governed get on with it, anyway.

Not without government imposed difficulties

.
> >> Cheeky of them, wasn't it?

That was exactly what I thought straight off - but then I figured it's the
first sign of a new-found confidence emerging.
Better keep them in their place - for their own good of course.


> >> Yes, what upsets the "international community" is that it is becoming
more
> >> difficult to exploit the USA's open markets while practicing
protectionism
> >> at home.
> >
> >No it isn't and you know it.
>
> I do?  .

That isn't primarily what upsets the international community. NZ have just
moved toward a free trade agreement with China rather than a so-called free
trade agreement witht he US - seems it wasn't a free trade agreement after
all. Lots of conditions in US favour. As usual it's the lack of integrity
and outright lies of the US admin that pisses people off - especially when
they presume we are as stupid as they are and won't see through them.

>.
>
> I don't know.  If there's going to be an adjustment, let's get on with it.

I agree - you need to elect someone that understands economics.
>
> >> It's certainly true
> >> that China is selling more to the US than it is buying, but that
imbalance
> >> will change over time, especially with the USD at these lower levels.
> >
> >You hope. I was mildy serious about the 'Chinese mind' earlier. They are
> >notoriously resistant to buying outside finished goods.
>
> I thought you said you don't know much about the "Chinese mind".

True - but I didn't say I couldn't read recent history.

>I'll tell
> you this because you're probably right.  If they resort to protectionism,
it
> won't be an optimum condition for them or anyone else.

Agreed - but it doesn't have to be 'protectionism' as such with the
Chinese - it could be personal 'choice' as advised by their 'leaders'. Ie'
we advise you to buy Sony and not Dell if you know whats good for you.
Nothing would have to be written in international trade agreements.

> Of course I noticed.  I also noticed that gold is on the verge of breaking
> above resistance and going to new highs.

Usually does when a war threatens.

> >I had planned making a 'mobile home' out of a shipping container and
posting
> >it to Fiji. Now the figures don't add up anymore. Ship-hogging,
slanty-eyed
> >little b*st*rds.
>
> Good try.  Now you see how the global economy works.

Have done for years - it's a passion of mine - you obviously need to catch
up a bit but you're learning.

> > you can't keep borrowing from the rest of the world forever.
>
> I didn't hear anyone complaining on the way up.

Of course not, they never do  - but things are looking a bit toppy you must
admit.
I wouldn't buy the latest US bond issue - would you?
A W-S