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To: Joseph G. who wrote (2076)6/6/1998 7:15:00 PM
From: Cynic 2005  Read Replies (3) | Respond to of 86076
 
Joe, but they are all in Asia. You just don't get it, do you? Asia does not matter. It is behind us. -g-

Let see if I get this straight. They make goods and sell to us. We print money and give it to them. The companies borrow more from our banks to sell us more. We print more and satisfy all the demand for the $$. ["We can handle foreign redemptions of treasuries" - Ruebin in a testimony to congress.] Because of all the technological advances, we got better at doing every thing - even printing money.

They, on the other hand, simply keep shooting themselves in the foot. Borrow, borrow and borrow. When things go sour here, let us all get together and blame them for all our problems. Just as they are doing it on us now. Any way, guess what, the ultimate weapon they might eventually use is to tell the banks to go and take a hike. That is more powerful force than a Nuke. -g-

Actually, I can be in either of the groups - "we" or "they." -ggg-

-MMV