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Old 06-26-2008
Marcus1124 Marcus1124 is offline
Secretary of State

 
Member Since: Dec 2004
Location: DC
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Re: Economy gained another $30 billion in Q1-08

Quote:
Pogo
Question is, how much longer will the world go on lending us money so we can maintain the illusion of economic growth?
Stupid question, demonstrating basic ignorance of economics. The reason the rest of the world is so eager to pour money into our economy by lending it to us on the open capital markets is the best evidence there could be of their view that investment opportunities in their own countries are insufficient to put all that capital to work, so they turn their eyes (and their money) to the greatest place in the world to invest.
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