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Politics : Ask Michael Burke

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To: BGR who wrote (62499)6/16/1999 10:04:00 AM
From: Freedom Fighter  Read Replies (1) of 132070
 
BGR,

No. Which Issue?

I suppose there are all sorts of counting problems in both directions. We have the problem of illegal drug imports. They must total many many billions of dollars and no one is counting them officially either. I think another approach that helps is to track the accumulation of U.S. assets by foreigners vs. our accumulation of foreign assets. There are much better tabs kept on treasuries etc... In that light it is clear that there's a lot of dollars flowing overseas since we have been accumulating a rapidly growing debtor position over the last few years. They verify each other.

Wayne
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