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11686 [lbo-talk] Regeneration (was: Kvetching, was Sarkozy, France etc) -- rank: 1000

On May 9, 2007, at 1:02 PM, Wojtek Sokolowski wrote: > I can assure you from my Baltimore experience that > most people who are "displaced" by gentrification love it, because > it gives > them economic opportunities that they did not have before. If you're displaced, you're gone. So how do these people "love it"? This looks like another one of your feelings. I moved into the Upper West Side in 1979, as the transition from fiscal crisis to boomtown was taking hol ...

Document Size:	6053
Author:	Doug Henwood
Date:	Wed May 9 10:15:41 PDT 2007

11687 [lbo-talk] Southern vs. Northern Violence -- rank: 1000

On May 9, 2007, at 12:37 PM, Carl Remick wrote: > say sayonara to this subject thank you

Document Size:	4661
Author:	Doug Henwood
Date:	Wed May 9 09:50:16 PDT 2007

11688 [lbo-talk] Russia's economy (was Kvetching, Sarkozy etc.) -- rank: 1000

On May 9, 2007, at 10:36 AM, Yoshie Furuhashi wrote: > It's not true that Russia is not investing much -- investment has gone > up: Of course it's gone up. It's even gone up as share of GDP in recent years. But that's the measure that really matters for long-term growth. And it's not all that impressive. >> You can't sustain 7% growth rates on that forever. > > You can't sustain 7% growth rates on anything. Even Japan slowed > down, and so will China and India in the end. ...

Document Size:	5583
Author:	Doug Henwood
Date:	Wed May 9 09:26:25 PDT 2007

11689 [lbo-talk] Russia's economy (was Kvetching, Sarkozy etc.) -- rank: 1000

On May 9, 2007, at 12:02 PM, ravi wrote: > So it seems like India is a Russia (large intellectual/technical > skill base, pent-up consumer demand, etc, including the imported > stuff: products, brands, etc) without the oil. Would those of you > predicting or suspicious of doom for Russia say the same of India? Or > is my analogy wrong? India's pretty complicated, with a large and very poor rural sector and some very impressive basic industry and high-tech. Russia's not really li ...

Document Size:	5593
Author:	Doug Henwood
Date:	Wed May 9 09:21:08 PDT 2007

11690 [lbo-talk] Russia's economy (was Kvetching, Sarkozy etc.) -- rank: 1000

On May 9, 2007, at 10:14 AM, James Heartfield wrote: > But then Russia is a developed economy, in a way that China was not. > Russia's development followed a slightly perverse path, because the > bureaucratic planning system was not very good at allocating social > labour > (to borrow Hillel Ticktin's analysis). That made some big problems, > but > Russia did industrialise and urbanise under the Stalinist system > (whatever > we call that) in a way that China did not. ...

Document Size:	7310
Author:	Doug Henwood
Date:	Wed May 9 09:11:30 PDT 2007

11691 [lbo-talk] Southern vs. Northern violence -- rank: 1000

I think this one's played out. Doug

Document Size:	4578
Author:	Doug Henwood
Date:	Wed May 9 08:58:11 PDT 2007

11692 [lbo-talk] Russia's economy (was Kvetching, Sarkozy etc.) -- rank: 1000

On May 9, 2007, at 9:00 AM, Chris Doss wrote: > Victory is indeed sweet, what with all the cars, > personal computers, stereos, DVDs, color televisions > that don't blow up, and Planet Sushis. Did you know > that Moscow has over 30 Sbarro's Restaurants? > http://www.sbarro-rus.com/restaurants/moscow.htm . The > megamalls going up everywhere are enormous. Everywhere, or just in Moscow? Sounds like all that stuff is imported, not of domestic manufacture. So Russia is trading oil ...

Document Size:	5462
Author:	Doug Henwood
Date:	Wed May 9 06:52:46 PDT 2007

11693 [lbo-talk] Kvetching, was Sarkozy, France etc -- rank: 1000

On May 9, 2007, at 7:10 AM, Chris Doss wrote: > But this kind of stuff really has a "boy who cried > wolf" quality about it for me. It seems like every few > months there is some kind of dire prognosis of > catastrophe made about Russia that never happens. You can have a problem without a catastrophe. If oil prices were to fall hard, Russia would feel it. Investment rates of 18% of GDP are more like a developed economy (US, EU) than a "developing" one (China's ...

Document Size:	5454
Author:	Doug Henwood
Date:	Wed May 9 06:36:53 PDT 2007

11694 [lbo-talk] Kvetching, was Sarkozy, France etc -- rank: 1000

On May 8, 2007, at 7:20 PM, Dennis Redmond wrote: > Hmm, I was trolling for stats the other day, and if memory serves > aright, > Russian investment is up from 11% GDP in 2000 to 19% today. It looks like the 1990s saw the Yeltsin collapse, which has been enormously aided by the strength in oil since 1998 (which was the year of the Russian crisis, right?). Here's what the World Bank says: Gross fixed capital formation (% of GDP) 1990 32 1991 29 1992 23 1993 24 1994 20 1995 22 1996 21 1 ...

Document Size:	5492
Author:	Doug Henwood
Date:	Tue May 8 16:36:15 PDT 2007

11695 [lbo-talk] Pacifica ED Guma leaving -- rank: 1000

It looks like Pacifica executive director Greg Guma is leaving the network. (For more, see WBAI's R Paul Martin's report, <http:// glib.com/botb_05-07-07.html#guma>). He did not last very long. Writes Martin: > From what was said on the Pacifica National Board teleconference > meeting on May 3, 2007, it appears that Pacifica's Executive > Director Greg Guma is leaving his position. > > Here's the excerpt from that PNB teleconference meeting that I > played on the air, i ...

Document Size:	7656
Author:	Doug Henwood
Date:	Tue May 8 15:55:15 PDT 2007

11696 [lbo-talk] Kvetching, was Sarkozy, France etc -- rank: 1000

On May 8, 2007, at 6:42 PM, Chris Doss wrote: > You're the economist Doug. What do you think? I'd be > interested to hear. My guess is that a lot of the Russian boom is the result of high oil prices, amplified by the credit inflows the banker suggested. Has there been much investment in real industry? Doug

Document Size:	4946
Author:	Doug Henwood
Date:	Tue May 8 15:48:39 PDT 2007

11697 [lbo-talk] Kvetching, was Sarkozy, France etc -- rank: 1000

On May 8, 2007, at 6:42 PM, Chris Doss wrote: his 7th post of the day the limit is 3

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Author:	Doug Henwood
Date:	Tue May 8 15:47:26 PDT 2007

11698 [lbo-talk] Kvetching, was Sarkozy, France etc -- rank: 1000

On May 8, 2007, at 6:22 PM, Chris Doss wrote: > Alberta did not spend the 1990s collapsing like a > popped soap-bubble, was not ruled by the Mob, and did > not have a civil war going on. Financial Times - April 24, 2007 Financial boom in Russia will 'end in pain' By Stefan Wagstyl, East Europe Editor Russia's financial boom will come to a painful end "in the near future", a London banker with long experience of the country warned yesterday. After seven years of growth, Russi ...

Document Size:	7730
Author:	Doug Henwood
Date:	Tue May 8 15:35:53 PDT 2007

11699 [lbo-talk] France looks to new Sarkozy era -- rank: 1000

On May 8, 2007, at 5:23 PM, James Heartfield wrote: > Yes, it is pretty despicable, but maybe you cannot hear the > cadences of the > left's national chauvinism. Yes I can. I've never missed an opportunity to denounce the nationalism of the antiglobal left. I've even quoted Hayek on the nationalism implicit in socialism and social democracy. I've given Patrick Bond endless grief over his attempts to rehabilitate the protectionist developmental strategies of apartheid SA and Smith's ...

Document Size:	5147
Author:	Doug Henwood
Date:	Tue May 8 14:53:53 PDT 2007

11700 [lbo-talk] so the U.S. will never leave Iraq? -- rank: 1000

<http://abcnews.go.com/Politics/TheNote/story?id=3105288&page=1> If Democratic leaders in Congress play it right (no sure bet), they'll provide money to the troops without splitting their caucus by the end of the month. That didn't seem possible just a few days ago: Liberals don't want to spend another dime on the war - and have told House Democratic leaders as much, robbing leadership of crucial votes in a closely divided Congress. But nothing unifies a party quite like cracks on ...

Document Size:	6834
Author:	Doug Henwood
Date:	Tue May 8 14:21:04 PDT 2007