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Strategies & Market Trends : Heinz Blasnik- Views You Can Use -- Ignore unavailable to you. Want to Upgrade?

To: GraceZ who wrote (528)	4/29/2003 1:21:09 AM
From: LLCF	Read Replies (1) \| Respond to of 4912

<Think about it, if we can spend dollars anywhere in the world so could our trading partners. > I think he's extrapolating to 'rest of world'... yes the Japanese can invest in Germany [sell dollars for Marks], but that creates a strong Mark, and what do the Germans do with their dollars [invest in Japan?], well yea except the guy is saying they're trying to keep their currency down. Anyway, there's no doubt that anyone who doesn't really want to invest in the US but DOES, it stupid. But then there are plenty of stupid's out there. < The United States cannot continue going into debt to the rest of the world at the rate of $1 million a minute indefinitely. > IMO you don't need to draw the conclusions you draw to believe the above statement. You seem to be saying the borrowing is based on earnings, or some growth, or somthing that makes sense. One can find plenty of economists on both sides of that argument. DAK