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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?


To: Hawkmoon who wrote (160936)4/23/2005 1:26:06 PM
From: neolib  Read Replies (1) | Respond to of 281500
 

Americans save.. we just save in different ways that aren't as easily tallied as cash savings in bank accounts.


We soak up about 80% of the world's savings to finance all those inflating assets as well as consumables we find desirable. So far, the rest of the world has been willing to take our IOU's because the interest and security are considered a good value. The fact that they stay employed while doing so is an additional barrier to wiping the rose tint from their glasses. But the future can change all that...