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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (20601)	7/29/2007 12:44:44 PM
From: KyrosL	Respond to of 220217

You have good points. But don't forget that US multinationals game the US tax code to reduce their US taxes, and the profit distribution in fact is heavily skewed towards the US, even if sales are evenly distributed between the US and abroad. Edit For example see pricing of US medicines abroad vs the US.

To: carranza2 who wrote (20601)	7/29/2007 5:28:36 PM
From: pogohere	Respond to of 220217

Smiley might go a long ways towards explaining why the trade imbalance has not bankrupted us long ago. With borrowing at $25k+ per second, a deficit per GAAP of $4 trillion per year, what makes you think we're not bankrupt now? In ranking the greatest income disparities in the world, the US trails only Mexico in having the worst income disparity (followed by China). With the continuing collapse of the credit markets into this Fall, many boomers will see their retirement prospects fade like starch packing pellets sprinkled with water. The multiplier effect is working well at only the top levels of income in the US.