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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Webster Groves who wrote (34156)8/5/2004 3:28:52 PM
From: Taikun  Read Replies (1) of 206307
 
OT/

<Either we sell something to foreign markets>

I write this tongue in cheek, but we sell them the war on terror. (Despite the fact that it may be misguided and inefficient).Yep, thats one of the things Japan thinks it gets when it purchases US T-bills. Funny thing is that an inefficient war on terror will make energy costs more expensive for a place like Japan. (ie a prolonged stay in say Iraq will keep the military machine's energy requirement up at a high level for longer than if peace had been reached more swiftly).

Another possibly inefficient and misguided product/service we provide is a reserve currency.

But these are all topics for another thread...
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