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How to Save the U.S. Economy

Mark - you are right on about China and cars - possible about the metals but they need to get convertors and do the Chinese and Indian modesl such as the new Nano have them? China is the US in the 40's unbridled power and optimism.


If you are behind the metals I would be a little more concerned with the new admin. The candidate had one of the largest contributions ever from labor unions. This will most likely result in a bailout but he also has the backing of the global warming. Will electric or hybrid cars result in fewer sales of cars? As far as emerging market strength goes right now it looks like they are being sold off as well even with the rosy forecasts.Does this indicate changes in protectionism which could lead to Depression? Much of the labor party that swept Congress was a champion of slashing imports. Also I remember so odd legislation directed at domestic mining under Clinton (arsenic) - will this be an issue.
I too am hoping for greater sophistication but after seeing the socialization of the REIT mortg mkt through Fannie Mae swept under the rug I am concerned that the greatest laid plans have yet to unfold.