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To: GST who wrote (159738)1/5/2004 12:04:01 AM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
You really are thick, GST. Please provide evidence to support your contention that US government borrowing is reflected in the Current Accounts Balance. Here's the BEA website - maybe you can find something there:
bea.doc.gov

As for interest payments to foreigners, US government payments (primarily interest, presumably) accounted for only 1/4 of all "income payments" to foreigners and only 3.7% of the imports and income payments total. Furthermore, the amount, $16.3 billion last qtr, has been falling over the last three years from a peak of over $21 billion in Q4 2000.

GST, this has been mildly entertaining, but one can only play kick the fool for so long before it becomes boring. Try making an informed argument, supported by factual evidence and an underlying grasp of the subject, instead of just spouting meaningless rhetoric and political catch-phrases, and demonstrating your economic illiteracy. Oh, and try responding to a question with something relevant once in a while.