To: Beck_isright; arete
let me say another thing to "y'all." you know the foriegn money that comes in to buy our bonds and invest in our companies? That is the rest of our supposed "trade deficit." When we buy foriegn products, where do these people put their money? They buy our stuff and send us their money, of course!! Because, ultimately, you can only import as much as you export. It's pretty simple
20 posted on
07/24/2003 2:14:59 PM PDT by
Norse
To: Norse
Because, ultimately, you can only import as much as you export. It's pretty simpleYes it is simple which makes me wonder why you can't understand that the "money they send us" back, we owe them -- with interest. Can you see why this is a problem? Repeat 10 times -- "There is no free lunch".
Richard W.
21 posted on
07/24/2003 2:40:30 PM PDT by
arete
(Greenspan is a ruling class elitist and closet socialist who is destroying the economy)
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