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To: Sirc_Valence
"Capital flowing out of a nation, to other areas where its more productive, to the third world countries,...
increases the market for our goods while raising wages and profits in the export industry...

Salerno is wrong.
Capital flowing out of a nation merely reflects the decline of domestic industries that used to export goods.

553 posted on 07/28/2005 4:54:27 PM PDT by Willie Green (Some people march to a different drummer - and some people polka)
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To: Willie Green; Toddsterpatriot
Toddster, I really appreciate your graphs and charts showing a rosy economic picture here. But if things are so solid, why did the Pubbies push through a overhaul of the bankruptcy laws, that benefited only big lenders vs. Americans. What do they see on the horizon that is so bad they whored themselves to this extent?
650 posted on 07/29/2005 7:20:27 AM PDT by investigateworld ( God bless Poland for giving the world JP II & a Protestant bump for his Sainthood!)
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