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Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?

To: Big Bucks who wrote (7553)	10/16/2003 11:21:43 AM
From: chomolungma	Read Replies (2) \| Respond to of 25522

Fred, but investing money overseas doesn't grow the economy, provide US worker's jobs, help innovate new products to manufacture in the US, or stimulate trade. Sure it does. If Fred invests his money abroad, he makes a return on his investment. That makes Fred richer and he spends more money at home. If Fred's investment creates jobs overseas, those workers have income which they spend and improve their own economies. Growth abroad increases total worldwide demand and improves all global economies - including the U.S. You've got to fact it; the United States does not exist in a vacuum. We benefit from the advances of others. Each human being that goes from poverty to production enriches us all - and I'm not even talking about the moral good of this. Ancient economics worried about dividing a finite pie. Now that notion has been proven false. I can see nothing but good coming from Fred's investment abroad.