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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Just My Opinion who wrote (13473)11/3/1997 10:13:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Al-en-The package of Mexicco was 60 billion and US portion was 30 Mexico never drew more than 10 billion and this was a collaterlised draw down they paid back soon moreover US business is to do business and global prosperity is a resposiblity this nation has to assume if they need domestic prosperity- you cannot be insulated from the world- many would disagree but such are the wisdom of markets- the US has assumed a role of fulcrum in the present day and age- this is 'economic unity of the globe' - a trillion lost to uncertainity is far dearer than some banking commoitments which with austerity in place ASEANS will surely fulfill- Tax payers don't need to worry- you need to make strong consumers and world markets stronge they are better fro new US corporate reach and profits.