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To: Southack
"So the Russians can either use those Dollars to purchase fewer European goods, or else they can use them to purchase the same amount of U.S. goods."

Wish I could back you up on this one, but America produces fewer domestic goods now than ever before in our entire history (those produced and used here or exported).

The Chinese are the ones laughing all the way to the bank!

38 posted on 10/18/2003 9:48:23 PM PDT by Happy2BMe (Nurture terrorism in a neighborhood near you - donate to your local community mosque.)
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To: Happy2BMe
"Wish I could back you up on this one, but America produces fewer domestic goods now than ever before in our entire history (those produced and used here or exported)."

Don't speak gibberish, boy.

General Motors alone produces more in a single month today than the whole U.S. produced in 1866.

In fact, GM makes more cars than all the combined auto manufacturers of any other nation.

And behind GM, the world's second leading producer of automobiles is Ford.

Nor does anyone build more aircraft than Boeing and Lockheed, much less more than Piper, Gulfstream, Lear, Bonanza, Cessna, and Mooney.

The U.S. produces roughly 30% of the world's goods and services even though we only have 4% of the world's population.

In fact, about the only area in which the U.S. is outproduced is in consumer trinkets of the types sold at Wal-Mart and such.

39 posted on 10/18/2003 10:00:13 PM PDT by Southack (Media bias means that Castro won't be punished for Cuban war crimes against Black Angolans in Africa)
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