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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?

To: S.C. Barnard who wrote (290)	8/22/2000 7:16:06 AM
From: Louis V. Lambrecht	Respond to of 100058

SC - re:Deficit Some awareness: financialweb.com Not a doom and gloom article (for once), well documented. snip====== Bridgewater Associates analyst Greg Jensen told Barron's Current Yield editor William Pesek Jr. that foreigners own more than $6.4 trillion of U.S. assets (66 percent of U.S. gross domestic product), compared with U.S. holdings of foreign assets of $4.7 trillion (48 percent of U.S. GDP). In 1990, foreigners owned assets valued at just 33 percent of GDP. On net, the U.S. has an unprecedented asset imbalance equal to 18 percent of U.S. GDP. Foreigners also own a record 38 percent of the U.S. Treasury market. Excluding securities owned by the Fed, foreigners own an astounding 44 percent of the liquid government securities market, according to Mr. Jensen. ======snip