Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (361314)	12/4/2007 1:25:24 PM
From: Brumar89	Respond to of 1576924

Actually your graph showed that the national debt did go up during the Clinton years. Yes, the slope of the curve was less steep than some other periods, but it was still upward - not "sideways" as you claimed. ----------------------------------------- Japan 176.2% Italy 107.8% Germany 66.8% Canada 65.4% France 64.7$ US 64.7% UK 42.2% Let's go through your list. The Japanese have the highest savings rate in the world permitting their gov't a high debt to GDP ratio. Italy? Hasn't had a balanced budget in its history to my knowledge? Its usually one of the major reasons for one gov't coalition collapse after the other......how many gov'ts has Italy had since WW II? Do you like inconsistency? Germany? Reunification has been a costly endeavor. Canada? I'm surprised......maybe its learned bad habits from its neighbor, the US? France? A lesser version of Italy.....and its shows. Okay, you've trotted out excuses for the major industrial countries with similar or higher debt levels per GDP. Which doesn't change the fact that these are major industrial countries and their debt levels as % of GDP are similar or higher than ours. Russia at 8%, Why did you even mention Russia. Hardly a country we want to hold up as an example to follow. Either way, if the dollar goes up and down significantly even as we continue to have trade deficits, then there must be some other catalyst that's far more important than trade deficits. Our trade deficit vs other countries trade balances with us and other countries. The whole issue is pretty complicated. But if currency levels were driven by national debt levels, Japan and Germany the dollar should have been climbing against their currencies for a very long time.