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Non-Tech : The ENRON Scandal
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To: Baldur Fjvlnisson who wrote (500)1/15/2002 7:22:39 AM
From: Baldur Fjvlnisson  Read Replies (2) of 5185
 
International: America is impacted by the growing global economy - - more than ever:
1. Foreign Trade Report - exploding negative trade balance to new records - World's largest debtor nation, yet 4 times more dependent on global trade than before - Foreign interest own increasing percentage of our marketable debt - color graphics of long-term trends. Issue so serious that a U.S. Trade Deficit Commission was recently established, all members agreeing the situation is not sustainable nor is a solution seen. A MUST READ.

2. International Value of the Dollar Report - color trend graphic shows long-term trend in international value. Is recent up-tick temporary considering prior negative trends, and today's exploding trade deficits?

3. International Education Performance (education section below) - The Organization of Economic Cooperation & Development: "the effectiveness of U.S. primary and secondary education system can broadly be characterized as mediocre at best." Our kids perform at the bottom of the heap. A MUST READ.

4. International Trends Government Spending-Dependence - this report contains a dramatic graphic of 126 year trend of the growth of government spending-dependence of the U.S. economy vs. 16 other nations. A MUST READ.

mwhodges.home.att.net
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