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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (17448)	2/17/2004 2:17:14 PM
From: Oblomov	Read Replies (1) \| Respond to of 306849

Business investment has increased nicely since 2002. economagic.com economagic.com economagic.com If the debt is being passed off to my children, then why can't they simply pass the debt off to their children? A sermon on debt: econopundit.com deficit-unemployent tradeoff: econopundit.com

To: Lizzie Tudor who wrote (17448)	2/17/2004 8:02:26 PM
From: John Chen	Respond to of 306849

Lizzie,re:"Somebody has to pay those debts". With asset bubbles, those poor losers will pay for the elites.

To: Lizzie Tudor who wrote (17448)	2/18/2004 12:24:40 AM
From: JF Quinnelly	Respond to of 306849

the deficit has caused the dollar to crash. I curious to know what the mechanics are that make the deficit the "cause" of the dollar crashing. There are a number of factors that can contribute to the dollar's weakness. A factor having substantial influence on the desire to hold dollars is the real interest rate- very low rates don't make the dollar attractive to hold, so foreign investors won't bid up its price. We ran large deficits during the Reagan administration, and the dollar not only didn't crash, its strength became an issue- prompting Treasury Secretary Baker to threaten to devalue the dollar, which scared the Japanese and Germans to dump their assets in one exciting day in October 1987.