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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

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To: TobagoJack who wrote (12629)	12/25/2006 4:35:25 PM
From: Rarebird	Read Replies (1) of 218599

>>The USA J6P holds many misconceptions, about all sorts of events, issues, and happenings.<< No misconception here: "Mr Zuo (Dapei of the Institute of Economics at the Chinese Academy of Social Sciences) said the US deficit was global, not just with China, and caused by huge domestic demand, a low savings rate and a dependence on overseas borrowing." "Some people in the US want the current situation to continue forever because for every 100 yuan the US makes, they buy 105 yuan's worth of goods. The US administration doesn't want to change this. If they did, there would be a depression." guardian.co.uk That just about sums up the entire US economic case.

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