Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (43279)	9/11/2002 1:38:23 PM
From: Hawkmoon	Read Replies (1) \| Respond to of 281500

we need $400-500 B per year to fill trade gap Uh.. excuse me... Where do you think the majority of the US trade deficit is derived from?? It's imported oil. And I could care less if the oil we buy is Saudi or Russian, and in the future, Kazahk, or Turkmeni.. You need to look at what Sheihk Yamani stated about his expectation for where oil prices were going once the 'Stans come on line and deliver oil. And the revenue that is derived from that oil is likely to be used to purchase US made goods required to rebuild and modernize Russia (or any other nation). cephasministry.com (only quick link I could find) Actually, I would prefer it be Russian since they need the economic revenue more than do the Saudis. And it would bind our two nations closer together, but economically and politically. And personally, I would like to see the USD level off around here. It is FAR too strong and every economy on the planet is delaying restructuring by relying upon the US to subsidize their economies (Japan, Europe). They need US markets to sell their goods into, which translates into keeping their unemployment at low, or below, double digits. Again.. they need us (our markets) worse than we need them. Only certain segments of our system need foreign capital. I know I certainly don't feel inclined to buy JGBs or European government bonds. And I certainly don't feel inclined to buy Saudi government debt.. (and neither do they).. Hawk