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


To: Ahda who wrote (18459)5/31/2003 2:40:22 PM
From: sea_urchin  Respond to of 82344
 
Darleen > 500x the wage of one American to full fill the debt obligation we gave been given by the FED

Indeed, a fascinating equation.

And I think you have put your finger on it.

In fact, I am sure the salary of one American could easily pay the wages of 500 Asians and Mongols. Which is why nothing much is being made in the US these days. It is also the reason why I don't believe the devaluation of the USD is of benefit to either the 500 Asians and Mongols, who hope to be paid for their labor, or the one in the US who is standing behind the counter at Wal-Mart selling the goods which the Asians and Mongols have made.



To: Ahda who wrote (18459)5/31/2003 4:43:33 PM
From: Jamey  Respond to of 82344
 
Darleen, very astute and said much better than I could have put it. James