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To: GodGunsGuts; durasell; Petronski
The US Current Account Balance is the speedometer of the money exiting the US into world markets (deficit).

It is this deficit that must be met by incoming investment in the US in any form.

Why? This deficit is money ($$$) earned by foreigners selling us their stuff. We don't have to do anything. They have to find something to do with the ($$$) they're holding. They can reinvest them in America or not.

This is an economic downward spiral.

Economic idiocy. Goldbuggery. But then, I repeat myself.

239 posted on 09/22/2006 2:58:04 PM PDT by Toddsterpatriot (Goldbugs, immune to logic and allergic to facts.)
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To: Toddsterpatriot

This deficit is money ($$$) earned by foreigners selling us their stuff. We don't have to do anything...


Uh, we do have to pay it back and pay interest on it. Right now America is a debtor nation.


240 posted on 09/22/2006 3:02:22 PM PDT by durasell (!)
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