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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Gary H who wrote (17461)	3/9/2003 4:15:42 PM
From: sea_urchin	Respond to of 81945

Gary >Debt to the penny. It's not going down! dailyreckoning.com Go to "Follow this link" >>>Addison Wiggin, The Daily Reckoning P.S. But here's what could be a more shocking figure: foreign direct investment in the US has dropped 85% since the bubble peak in 2000. And according to Floyd Norris of the NY Times, for the first time since 1995, Americans have invested more in foreign markets than foreigners have invested in the US. Foreigners have all but stopped buying American stocks too. Which means, in order to keep up appearances, Americans must now borrow the money it needs... to the tune of some $1.3 billion a day. "The United States," Norris quotes a commentator from breakingviews.com, "is taking on the financial characteristics of a banana republic." <<<