Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 37.81

-4.3%

Dec 12 9:30 AM EST

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To: GVTucker who wrote (134002)	5/3/2001 8:54:23 AM
From: Amy J	Read Replies (2) of 186894

Hi GV, In AG's speech below, he said, "At some point it must come to an end." Any thoughts on what specifically is he advocating? AG's speech: “ ~ if anything the propensity to invest in the US is greater then our propensity to import net on balance. Now that is unlikely to be capable of being continued basically because as I indicated before, the investments in the US presuppose service payments to the owners of various assets which are purchased here, and the net debt or exactly claims that foreigners have on us and hence the net payments to service those claims get us into a very awkward position where those payments themselves are added to the current account deficit which makes it even greater , which make the rate of change in external claims accelerate. Clearly that can not go on indefinitely. At some point it must come to an end. --------- Regards, Amy J

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