The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Perspective who wrote (64604)	6/26/2006 8:58:52 PM
From: Larry S.	Read Replies (2) of 110194

bobcor, I just lurk on this thread and learn. I obviously have a lot more to lean as I can't understand Roach's comment: "Lacking in domestic saving, the US then imports record surplus saving from abroad -- which, of course, requires it to run massive current account and trade deficits in order to attract the foreign capital." When Laffer says the deficit is good and shows the strength of our economy and claims that they must sell goods cheap to us to get dollars to invest, I just consider the source. But Roach is a different story. Why do we have a need to run a current accounts deficit to attack investment? Larry

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next