The latest word I've got is that Clinton is promising immediate action to stop steel dumping. Watch the wires!
Your email pal,
Tom L.
Peter Kilander wrote:
> Daniel, I think you made some good points regarding Brazil and AOL. People
> correct me if I'm wrong but I think AOL is still planning on distributing
> the Microsoft Explorer browser with its AOL software which seems odd to me.
>
> What the Brazil shock signals is that this thing isn't over. Investors will
> continue to put money into "emerging markets" and then pull it out again;
> there will continue to be a sort of brinkmanship with the governments
> concerned. I found it interesting that Clinton went with Rubin and against
> Commerce secretary Daley and trade representative what's-her-name over the
> issue of how to handle the flood of cheap steel imports. Rubin said we would
> send the wrong message with protecionist measures. Unions will have to
> change their tune sooner or later. I don't see either Gore and his
> "practical idealism" or Bush Jr. and his "compassionate conservativism"
> deviating from the Rubin line should either become president.
>
> >If this is true, it adds credibility to the notion that the crisis that
> >began in Asia is indeed the beginning of an unstoppable global panic. This
> >is the kind of BIG wave revolutionaries look for with a gleam in their eye
> >like surfers. Here it comes. Watch the markets dive!
>
> We have to be ready to explain what's really going on, with a little
> Zizekian rhetorical flourish of course. I don't see how these multi-billion
> dollar bailouts can continue. Once the impeachment circus is done congress
> will have to face the issue again, especially if Japan and Euroland decide
> bailing out Latin America is a waste of their money.