G'day Gene, You wrote: >Clinton also put a cap on Brazilian steel, along with the little lambs. Well, >the USA will send you some loans, to get you through this. Well, except for the poor sods who grew the lambs, we apparently don't need Unca Sam's unbounded generosity. 'Growth' is at about 5%, and we found 62000 Ozzies jobs in June (as opposed to 1600 for the whole year up to then - and they wonder why we don't believe their statistics, eh?). We've never had it so good, and the few hundred Ozzies I personally know are, quite by chance, the only people in the country who aren't better off now than they were twenty years ago. Gawd, it must feel good to believe there's nothing going on beneath this shiny surface ... like 'Son of Asia' or 'Latin America Two', or 'Trade Wars: Freetrayed'. If plunging Euros, overstretched Asian banks, a groaning Brazil, America's huge CAD and low savings, infinite p/e ratios, a nascent Indo-Pakistani war, a collapsing Indonesia, world Yankophobia, discursive disconnections between production and projected profits, huge social security monies distorting mega-bubbles, rising import prices, upward US wage pressures, etc don't matter, I guess one good thing is that no-one'll take our economist emperors of the eighties seriously again. Mind you, I dunno if the more obvious PR spruikers who've replaced 'em at society's pulpit represent much of an improvement. Cheers, Rob.
