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To: elmatador who wrote (20746)	7/4/2002 7:46:19 AM
From: LLCF	Respond to of 74559

<The world is tired to carry the US on its back and subsidize their standard of living. > Awe common... we're having a ball over here!! DAK

To: elmatador who wrote (20746)	7/4/2002 7:50:43 AM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi elmat, <<The world is tired to carry the US on its back and subsidize their standard of living>> I get confused every-so-often as to who is carrying, who is supporting, and who is pulling up, etc. Perhaps US is pulling up the world? Maybe Japan is pushing down the planet? Possibly China is weighing on the Earth? Could be India is levitating Gaia? All very confusing:0) The entire construct may fall apart before I figure matters out:0) Chugs, Jay

To: elmatador who wrote (20746)	7/4/2002 3:10:33 PM
From: smolejv@gmx.net	Respond to of 74559

>>The US is siphoning capital from all corners of the world to keep the economy afloat and finance its deficit<< The best part of this joke is the fact that ever larger part of this capital will be vacuumed up to finance the deficit aka defense spending aka "full spectrum supremacy". But ... no money, no real war, neither in Iraq nor anywhere else. [EDIT] Marc Faber ... remember faintly his musings on Augustus, ... Traianus... Marcus Aurelius...;

To: elmatador who wrote (20746)	7/4/2002 3:37:42 PM
From: AC Flyer	Read Replies (5) \| Respond to of 74559

elmat: >>The US is siphoning capital from all corners of the world to keep the economy afloat and finance its deficit<< Your rhetoric suggests that Uncle Sam is sticking up the corner grocery store in Tokyo, Berlin, Paris, Wellington, Sydney, Hong Kong, Kuala Lumpur, etc., etc., etc. Let's think about what's really happening for a moment, shall we? (a rare occurrence around here) Individuals all around the world, of their own free will, are buying US dollars. That's it. End of story. No stick-up, no thuggery, no crime committed. Why are they doing it? Because they like what they can do with US dollars better than what they can do with their own currency. That's it. Plain and simple. End of story. With US dollars, they can buy Uncle Sam's T-Bill's or Sam Waksal's Imclone equity, whatever. And they liiiike it. You're a hard working, entrepreneurial guy, elmat, so please don't take this personally. Foreigners were net buyers of US equities to the tune of something like $10 BILLION in 1Q '02 because they STILL trust American businesses, American managers, American stock exchanges, American regulators and the US government a shitload more than they trust their own (Brazilian/insert banana republic of choice here) government, legal system, stock market, corporations. And as far as this is concerned - >>The world economy has been drained of capital to a point which has impaired countries and companies to carry business on<< - I don't know what you're smoking, but send some to Joel - he needs it.