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


To: michael97123 who wrote (252341)12/26/2007 10:02:59 AM
From: Lou Weed  Read Replies (2) | Respond to of 281500
 
<<if it wont happen then its in the worlds interest for the US to be spenders, not savers>>

IMO this could very well lead to the decline of our economic dominance.....in fact its happening as we speak. Its truly a global economy now. Used to be when we sneezed the world caught pneumonia.....now the world comes to us with a kleenex to help us out (case in point, the recent influx of Asian and Arab money into the financials....$27B and counting!).