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  • Globalization in Retreat: Implications for the U.S. Economy

    From wellsfargo.bluematrix.com

    In the introductory report to this series, we highlighted some observations that suggest the process of globalization, which has been under way for the past few decades, may be topping out if not going into reverse. For example, the ratio of international trade to GDP has trended lower in recent years, both globally and in the United States. We will discuss the implications of less extensive international trade for U.S. employment and U.S. inflation in Parts III and IV of this series. The focus of this current report is on another sign of receding globalization, namely, stagnant flows of direct investment capital ... (full story)

"Globalization in Retreat: ...." Well, I would not trust ANYTHING those greedy fraudsters at Wells Fargo say, but.....

.....if globalization IS in retreat then that is good news. And if it continues we can look forward to smaller, less greedy corporations.....especially the banks.....AND....back to workers that are well paid relative to CEOs, which is something not seen in more than half a century.

Who knows, maybe some Moms and Pops will start opening stores again..........
Time to rebuild US economy one brick at the time. Investing in China economy was only fueled by Wall Street greed.
WEF will be surprised to hear this. lol How much better off would we all be if Nixon had not opened up China? Let the communist regimes die of their own ways. Our own society would have retained the proper balance of production and services.
Quoting gat
WEF will be surprised to hear this. lol How much better off would we all be if Nixon had not opened up China? Let the communist regimes die of their own ways. Our own society would have retained the proper balance of production and services.
How much better would we all be if America has still native Americans rather than barbaric invaders, pretending to be saviour every now and then. Ohh and skip that pretentious Thanksgiving.

Happy trading all
Quoting NotBoris
{quote} How much better would we all be if America has still native Americans rather than barbaric invaders, pretending to be saviour every now and then. Ohh and skip that pretentious Thanksgiving. Happy trading all
Where did this image of NAI being all peaceful and one with nature come from? They had wars, took slaves, and all the bad white man stuff. They would still be like Ethiopia was in WW2. They would be shooting arrows and swinging tomahawks at tyrants with tanks and machine guns. The great warrior Geronimo was one of the last to fall. He was captured and was in prison for years. He wrote an autobiography via talking while another Indian chief translated to english and one of those white guys wrote. He was released to go to the St. Louis World Fair in 1894. (don't hold me to the year) There he could not comprehend electric lights or the sideshow sawing a woman in two, etc. NAI remained in the same level of advancement as the 5th century BC.
Quoting gat
{quote} Where did this image of NAI being all peaceful and one with nature come from? They had wars, took slaves, and all the bad white man stuff. They would still be like Ethiopia was in WW2. They would be shooting arrows and swinging tomahawks at tyrants with tanks and machine guns. The great warrior Geronimo was one of the last to fall. He was captured and was in prison for years. He wrote an autobiography via talking while another Indian chief translated to english and one of those white guys wrote. He was released to go to the St. Louis World...
You misses the bigger picture. Anyway, happy trading
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    Ueda Day

    From marctomarket.com|Feb 24, 2023

    Rising rates and falling stocks provided the backdrop for the foreign exchange market this week. The dollar appreciated against all the G10 currencies but the Swedish krona, which ...

    Rishi Sunak preparing ground to announce new Brexit deal on Monday; Potential Cabinet call on Sunday

    From @Steven_Swinford|Feb 24, 2023|5 comments

    tweet at 7:21am: HERE WE GO (again) Rishi Sunak preparing ground to announce new Brexit deal on Monday Potential Cabinet call on Sunday Three-line whip for Tory MPs on Monday BUT all hinges on DUP - further talks expected over weekend https://t.co/0YToh75vIZ

    Fed's Mester: We're going to have to do a little more on rate hikes

    From @DeItaone|Feb 24, 2023

    tweet at 8:07am: FED'S MESTER: WE'RE GOING TO HAVE TO DO A LITTLE MORE ON RATE HIKES tweet at 8:08am: FED'S MESTER SAYS FED WILL DO WHAT IT HAS TO DO TO COOL PRICES tweet at 8:08am: FED'S MESTER: THE FINANCIAL MARKETS ARE MUCH MORE ALIGNED WITH THE FED THAN THEY WERE PREVIOUSLY - CNBC. tweet at 8:08am: FED'S MESTER: MY FUNDS RATE WAS ABOVE THE MEDIAN IN DECEMBER AND STILL THINK WE NEED TO BE SOMEWHAT ABOVE 5% tweet at 8:09am: FED'S MESTER: MY DOT REPRESENTS WHERE I WAS IN DECEMBER, AND IT HAS NOT CHANGED.

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  • Posted: Feb 24, 2023 6:47am
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     Newsstand
    Category: Fundamental Analysis
    Comments: 6  /  Views: 1,482

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