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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?
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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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"It's a good feeling to shoot a bad guy. Something you democrats would never understand. Americans are homesteaders, we want a safe home, keep the money we make, and shoot bad guys!"
----Denny Crane
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