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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Robert Douglas who wrote (9010)1/22/2001 1:28:36 PM
From: rich evans  Read Replies (1) | Respond to of 9256
 
I think you have to consider that in this world economy, the companies which are mostly US OEMs or contract manufacturers are making these computers overseas in their subsideries. The dollars go to them and they convert some of value for the foreign wages, materials, etc.The dollars are an international currency and probably won't go back to US but held overseas and if they do will be invested or held by foreign central banks in US Treasuries.I don't see much difference with any trade deficit between Calif and Oregon for example. So trade deficits don't seem to matter IMO in this global economy.

Rich



To: Robert Douglas who wrote (9010)1/22/2001 5:54:53 PM
From: Z Analyzer  Respond to of 9256
 
<<Have we ever seen a country become wealthy while running large trade deficits? Certainly,
we have seen the opposite.
Yes, the United States in the 1990s.>>
Its very early to say how much real wealth has been created and how much will be left when the bubble pops. -Z


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