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To: dennisw
foreigners are not buying US Treasuries like they used to because they fear they will get paid in depreciating dollars

--and that makes for a trade surplus.  OK, we sold lots of capital assets when the dollar was higher, and now we can buy them back with cheap dollars so we can clean up again with the next rebound.

Are we still saying this is bad?

152 posted on 10/09/2009 7:05:01 AM PDT by expat_panama
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To: expat_panama
--and that makes for a USA trade surplus.  
  1. But has not made it yet by how much on an annualized basis? 400 billion or so? Down from peak annual trade deficit ~750 billion dollars
  2. since when did you care about trade surpluses?
  3. you people love trade deficits and marquee them as "capital surpluses"
  4. if I get in credit card debt of $300,000 (with no means to pay) I hope CitiBank is overjoyed to calculate it as actually being a plus. A "capital surplus" in your language

OK, we sold lots of capital assets when the dollar was higher, and now we can buy them back with cheap dollars so we can clean up again with the next rebound.

Translation --
You fantasize yourself as an investor/trader cleaning up
You could give a shit about USA except how to live off the carcass
I live in continental USA and you live where?

Panama?
But todd mase rude chris live in USA so you don't necessarily have to live abroad to be a trade traitor
Or to  be an economic traitor like the Wall Street derivatives pirates .... Who get billions in bailouts. I could give a shit what they do if they didn't get taxpayer funded bailouts

154 posted on 10/09/2009 7:46:46 AM PDT by dennisw (It's not called the Wheel. It's called the Carousel.)
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