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To: goldsnow who wrote (37421)7/20/1999 7:29:00 PM
From: Smaven  Read Replies (3) | Respond to of 116766
 
Here comes the trade wars!!!

What does the Gov't do??



To: goldsnow who wrote (37421)7/21/1999 5:09:00 AM
From: Bobby Yellin  Read Replies (2) | Respond to of 116766
 
does anybody know if part of this high trade deficit takes into account if say as my friend asked..if GE has a lightbulb made in China
and then sold it here for much higher price..is that lightbulb part of the trade deficit even though GE would make a lot more money selling it here rather than making it here and selling it here?
also if the danger is that too many foreigners have US dollars and down the road they could sell them to weaken the dollar..down the recovery road the US might not mind that..
also with the rest of the world currently wanting to export its way out of bad times, looks as if the rest of the world still wants a strong dollar so won't sell dollars...