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.

Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: tekgk who wrote (5000)	6/7/1998 10:18:00 PM
From: Bilow	Read Replies (1) \| Respond to of 164684

Hi tekgk; *OT* Some more stuff the US is the world leader in: Cars, Lots of kinds of chips (i.e. FPGAs, FIFOs, generally the US leads in high margin specialty integrated circuits), food, broadcasting, advanced weaponry, prepared food, fast food franchises, books, lumber, scrap cardboard (haha), finances, serial killers, personal computers, supercomputers, high end audio, audio entertainment, compact disks, freedom, sex, drugs, rock and roll, travel, space craft, printers, furniture, hobbies of all sorts, art, science, polititcs, internet companies, etc. We have had trade deficits before, but even if we made exactly what the rest of the world wants, given the current world situation we would run a trade deficit. Cause the good that we make that the rest of the world really, really, really want is greenbacks. If we happened to have the world's biggest gold mines and the rest of the world were importing our gold, no one would think of that as deficit spending... But those dollar bills are a lot cheaper to print than gold is to dig. Someday the rest of the world will realize they've been duped and they will dump the dollars they've hoarded back onto us. Then our trade deficit will reverse, but prices for imported stuff and inflation will blow up. Don't know when it's going to happen, though. But it has happened in the recent past. Back when Nixon was in office, the world started dumping dollars. Eventually gold went sky high. But right now, the rest of the world sees those dollars (at current US interest rates) as safer than foreign currencies, particularly their own. -- Carl