15 replies to this topic

[OEXCHAOS]

When the ex dot com guys started making some great wines (love some of the west coast pinot noirs and zins), they caused the French to cave price wise on some truly superior wine-I think that's what you call a "win,win",LOL.

I call it a "vin, vin"!

Mark

[mike123]

globalization and out sourcing was in progress then. The process is almost complete now and prices for goods from China will start rising due to rising wages in China and weak dollar. He might be right.

[arbman]

Kisa, i think you are thinking of life insurance, for health insurance there is no difference depending on age, at least if you get it through an employer, and I know one plan here for independents that makes no age distinction.

BTW, i just got better health insurance in Germany for 1/10th the price of what i paid here.

Dasein, I didn't know that they don't ask your age etc when you are getting an individual health insurance. I am covered through the union I belong so I did not have to dig this yet...

The tax rates are probably higher in Germany and the state might be helping them out, in any case, people are probably not as likely to sue their doctors as in US...

- kisa

[dasein]

i should have added this - pasta strike in Italy

http://www.sfomag.co...ail.asp?ID=6979

and they had a huge uproar here in Germany as milk prices were announced to rise c. 40% - industry attributed the rise to greater milk consumption in China and India - hmm, right!

klh

[SandStorm]

Warning this is a rant. Looky here it makes perfect sense. Prices of goods and services have gone up a lot in recent years. That's the market telling us to STOP SPENDING. But everytime we tried to slowdown, Greenspan Fed had to come in and intervene, forcing people to pile on debt in order to afford. The market is again giving us a chance to slowdown. Will we heed its advice or pile on even more debt with the "help" from Ben? Global imbalances exists today because we have been fighting against the market's auto-correcting mechanism. It's time we do our part and take a break from spending away our children's future. I have faith Ben. He knows what's the best for this country over the LONG RUN. You want corps to stop focusing on short-term, quarter over quarter results? Set an example first at the top!

[pdx5]

i should have added this - pasta strike in Italy

http://www.sfomag.co...ail.asp?ID=6979

and they had a huge uproar here in Germany as milk prices were announced to rise c. 40% - industry attributed the rise to greater milk consumption in China and India - hmm, right!

klh

China & India are expanding their economy at double digit rates for the last half a dozen
years. When you consider they have a combined population in excess of 2500 Million souls,
it is entirely plausible that food & gasoline are going to inflate as demand is inflating there.
The supply of food & gasoline can NOT increase at double digit rates.

On the other hand prices of manufactured goods (autos, clothing, electronics etc) will experience
sub-par inflation because the manufacturing capacity has grown at double digit rates in those
two countries.