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AMZN 226.19-1.8%Dec 12 3:59 PM EST

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To: Glenn D. Rudolph who wrote (140453)3/13/2002 6:10:36 PM
From: GST   of 164684
 
Greenspan was right on with his remarks in Honolulu today: siliconinvestor.com

<<Greenspan noted that over the past six years, about 40 percent of growth in U.S. capital stock has been financed by foreign investment, increasing America's reliance on others and running up mounting deficits that need to be controlled because it means a growing share of interest payments are sent abroad.>>

<<"Countries that have gone down this path invariably run into trouble, and so would we," he said. "Eventually, the current account deficit will have to be restrained," he said.>>
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