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To: soccer_linux_mozilla


2 posted on 11/27/2004 10:27:19 AM PST by soccer_linux_mozilla (Economic growth through limited government and lower taxes!)
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To: soccer_linux_mozilla; GOP_1900AD
the government’s report that the United States was running a trade deficit through September at annual rate of 592 billion dollars. That compares with last year’s record 496 dollars billion. As a result, the country is having to borrow almost 600 billion dollars from overseas this year to pay for the imported cars, televisions and other items Americans are buying.

Note your toons don't reflect what is really going on. It is not government spending per se, that is resulting in the collapse of the dollar. Rather it is a synergistic symptom. It is the PRIVATE spending on foreign products, instead of domestic. They are using U.S. dollars to buy these products. In order to prop up the value of the dollar, we need to balance currency accounts with loans from abroad. This of course only staves off the inevitable. And will make the final situation worse. The CATO-ite Free Traitors will destroy the basis for capitalism in the U.S. The currency will be collapse, all commodities will de-couple from the greenback, and nobody in the U.S. will be able to afford Mideast oil, Australian iron, Canadian timber, Japanese ships & electronics, or Chinese TVs, Taiwanese PCs, etc.

Right now, the only thing that could save the U.S. economy is if Captain Nemo and the Nautilus sank all 500 of the Chinese Container Freighters brimming over with junk en route to the U.S. ports.


10 posted on 11/27/2004 10:44:52 AM PST by Paul Ross (Paid For By SwiftGeese Veterans For Truth)
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