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To: LowCountryJoe

LOL! So low US trade deficits are against your economic philosophy. What kind of kool aid are you drinking? Your entertainment factor is diminishing. I come from the real world where being in hock to foreigners is a bad idea. OK in small doses but not to be glorified.


36 posted on 12/12/2004 1:32:54 AM PST by dennisw (Help put the "Ch" back in Chanukah)
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To: dennisw
So low US trade deficits are against your economic philosophy. What kind of kool aid are you drinking?

Deficits, near balances, and surpluses are neither good nor bad, they're neutral. Each type has its positives and drawbacks. I myself, would prefer to run a deficit so long as my leverage continued to net me larger returns above my debt servicing and as long as I maintained equity.

46 posted on 12/12/2004 2:26:17 PM PST by LowCountryJoe (Many things in moderation, some with conservation, few in immoderation, all because of liberation!)
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