Comments on: Gone fishing; back in two weeks http://blogs.cfr.org/setser/2009/07/05/gone-fishing-back-in-two-weeks/ Sat, 21 Nov 2009 16:40:10 -0500 http://wordpress.org/?v=2.8.4 hourly 1 By: Senuke Discount http://blogs.cfr.org/setser/2009/07/05/gone-fishing-back-in-two-weeks/#comment-134607 Senuke Discount Sat, 21 Nov 2009 16:40:10 +0000 http://blogs.cfr.org/setser/?p=5819#comment-134607 <strong>SEnuke Discount...</strong> [...] amazing website to the subject of senuke, but they dont give a discount... [...]... SEnuke Discount…

[...] amazing website to the subject of senuke, but they dont give a discount… [...]…

]]> By: jonathan http://blogs.cfr.org/setser/2009/07/05/gone-fishing-back-in-two-weeks/#comment-132960 jonathan Mon, 06 Jul 2009 15:35:09 +0000 http://blogs.cfr.org/setser/?p=5819#comment-132960 You realize that on the 13th China will suddenly switch their entire portfolio allocation? Just to play with you. You realize that on the 13th China will suddenly switch their entire portfolio allocation? Just to play with you.

]]> By: DJC http://blogs.cfr.org/setser/2009/07/05/gone-fishing-back-in-two-weeks/#comment-132958 DJC Mon, 06 Jul 2009 10:58:49 +0000 http://blogs.cfr.org/setser/?p=5819#comment-132958 US foreign policy and economic policy both are subject to catastrophic failure: If the US economy fails to recover and China has no choice but to develop its internal market, than it will have to finance the internal market in local currency and do everything possible to give it regional and perhaps global status. If other countries in the region re-orient their exports away from the US and to the Chinese (and related) internal market, they will tend to link their currencies to the yuan. This might lead to a regional currency arrangement which well might be commodity based, as I commented a month ago. When I speculated on a regional currency, the Asian central banks had passed a milestone in regional cooperation, in the form of a creation of a $90 billion swap line for mutual currency support. Yuan settlement of international trade is another milestone. A few more milestones, and we will be past the point of no return. http://blog.atimes.net/?p=1071 US foreign policy and economic policy both are subject to catastrophic failure:

If the US economy fails to recover and China has no choice but to develop its internal market, than it will have to finance the internal market in local currency and do everything possible to give it regional and perhaps global status. If other countries in the region re-orient their exports away from the US and to the Chinese (and related) internal market, they will tend to link their currencies to the yuan. This might lead to a regional currency arrangement which well might be commodity based, as I commented a month ago.

When I speculated on a regional currency, the Asian central banks had passed a milestone in regional cooperation, in the form of a creation of a $90 billion swap line for mutual currency support.

Yuan settlement of international trade is another milestone.

A few more milestones, and we will be past the point of no return.
http://blog.atimes.net/?p=1071

]]> By: Claus Vistesen http://blogs.cfr.org/setser/2009/07/05/gone-fishing-back-in-two-weeks/#comment-132957 Claus Vistesen Mon, 06 Jul 2009 09:58:56 +0000 http://blogs.cfr.org/setser/?p=5819#comment-132957 Have a nice one Brad ... Where have you gone fishing? Looking forward to Mark and Rachel. best wishes Claus Have a nice one Brad … Where have you gone fishing?

Looking forward to Mark and Rachel.

best wishes

Claus

]]> By: FG http://blogs.cfr.org/setser/2009/07/05/gone-fishing-back-in-two-weeks/#comment-132954 FG Mon, 06 Jul 2009 03:10:23 +0000 http://blogs.cfr.org/setser/?p=5819#comment-132954 DJC: Railway Transportation of Cargo across the United States is at DEPRESSION levels. Good, then the US imports will be less and the need for China to revalue its currency will be less. Depression is your preferred solution apparently. DJC: Railway Transportation of Cargo across the United States is at DEPRESSION levels.

Good, then the US imports will be less and the need for China to revalue its currency will be less. Depression is your preferred solution apparently.

]]> By: DJC http://blogs.cfr.org/setser/2009/07/05/gone-fishing-back-in-two-weeks/#comment-132949 DJC Mon, 06 Jul 2009 01:20:20 +0000 http://blogs.cfr.org/setser/?p=5819#comment-132949 Commercial Real Estate Implosion Is Imminent Rising vacancies. Falling rents. Negative absorption. The trend continues ... The Washington, D.C., area’s commercial real estate market saw a net absorption of negative 726,100 square feet in the second quarter, the third straight quarter of negative absorption ... the Washington region’s office vacancy rate has now reached 12.3 percent. The vacancy rate for top quality Midtown Manhattan office buildings reached its highest level in 15 years and asking rents fell nearly 11 percent in the second quarter, a Jones Lang LaSalle (JLL.N) report said. Many are calling it an industry depression, rather than recession. http://www.calculatedriskblog.com/2009/07/offices-rising-vacancies-falling-rents.html Commercial Real Estate Implosion Is Imminent

Rising vacancies. Falling rents. Negative absorption. The trend continues …

The Washington, D.C., area’s commercial real estate market saw a net absorption of negative 726,100 square feet in the second quarter, the third straight quarter of negative absorption … the Washington region’s office vacancy rate has now reached 12.3 percent.

The vacancy rate for top quality Midtown Manhattan office buildings reached its highest level in 15 years and asking rents fell nearly 11 percent in the second quarter, a Jones Lang LaSalle (JLL.N) report said.

Many are calling it an industry depression, rather than recession.
http://www.calculatedriskblog.com/2009/07/offices-rising-vacancies-falling-rents.html

]]> By: DJC http://blogs.cfr.org/setser/2009/07/05/gone-fishing-back-in-two-weeks/#comment-132947 DJC Mon, 06 Jul 2009 01:07:10 +0000 http://blogs.cfr.org/setser/?p=5819#comment-132947 Railway Transportation of Cargo across the United States is at DEPRESSION levels. (Year on Year Statistics). Only Bernanke keeps repeating the tired mantra of “green shoots”. The green shoots are yellow weeds! Auto Shipments Down 51% Metals Shipment Down 52% Intermodal Shipment Down 21% Lumber Shipments Down 35% Chemical shipments Down 21% http://globaleconomicanalysis.blogspot.com/2009/07/railfax-rail-carloading-report-june-27.html Railway Transportation of Cargo across the United States is at DEPRESSION levels. (Year on Year Statistics).

Only Bernanke keeps repeating the tired mantra of “green shoots”. The green shoots are yellow weeds!

Auto Shipments Down 51%
Metals Shipment Down 52%
Intermodal Shipment Down 21%
Lumber Shipments Down 35%
Chemical shipments Down 21%

http://globaleconomicanalysis.blogspot.com/2009/07/railfax-rail-carloading-report-june-27.html

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