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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (51142)6/20/2004 9:32:03 PM
From: elmatador  Read Replies (2) | Respond to of 74559
 
Jay, May 02 I posted about the $1.4bn a day required to finance the deficit. I can' retrieve the posting, though. Two years after, <<Based on the quarterly figure, the U.S. needs to attract $1.6 billion a day from overseas investors to maintain the dollar's value.>> When a country can attract that money at the lowest interest rates in 40 years, imagine how long they can live off foreign money.

There is no alternative but to hand money over to the US!


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