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To: yard_man who wrote (223007)	2/20/2003 7:50:43 PM
From: GraceZ	Read Replies (3) \| Respond to of 436258

Are you saying trade with, and capital flows from, the countries you call the majors are negligible? Please point to the sentence in the excerpt I posted which states anything like this. I'll just ignore the parts where you argue against your own statements. And you discussion does not consider at all what happens when consumers here are sated and pull back -- So we should see the fact that the trade deficit went up as a sign that it will soon go down? Well that's got to be a good thing since everyone here seems to agree that a rising deficit is not good. Unless, gee whiz, you think both a rising or a falling trade deficit are considered bad signs for the economy?