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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 231.35+0.1%Jan 21 3:59 PM EST

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To: Oeconomicus who wrote (159745)1/5/2004 10:09:15 AM
From: GST  Read Replies (1) of 164684
 
More Bobonomics? Oh, you are so funny. When you borrow trillions of dollars you pay interest on the borrowed money, unless you live in LaLa land where the current account deficit finances itself (you just about killed me with laughter with that comment). I was even thinking of writing to American Express and telling them not to worry if I run up a mountain of debt on my credit card because I have been told that the balance is self-financing. Only in the idiotic world of Bobonomics would anybody say something that out of touch with reality. We owe a billion tons of money to foreigners and each time we add to the debt we add to the annual interest obligation -- duh. No free lunch Bob -- we owe the money and we pay the interest. Don't look now -- the bills are coming due.
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