#1
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US \'burning platform\' takes in more $$$ from the ROW than vice versa..
According to most newspapers, pundits and Op-Eds, they'd have you believe that the US is paying far more income to overseas investors/RoW than we are collecting from them in return, [and of course the world is going to hell in a handbasket.]
Since I had read this about eleventy-million times, I thought it was true. Silly me. http://www.federalreserve.gov/releas...current/z1.pdf Billions of $$$, SAAR 2001 2002 2003 2004 2005 2006 2007Q1U.S. income payments to rest of world 278.8 275.0 280.0 363.9 481.5 635.7 691.4 U.S. income receipts from rest of world 322.4 305.7 336.8 410.2 513.3 665.6 734.7 <b> Turns out, the Rest of the World still pays the US more than they collect from us, and has been for some time, about $285bn just in the past few years. </b> My guess is the media confusion doesn't know [or purposefully obscures] the difference btw the above relationship, and transfer payments that immigrants ship home to their relatives which is slightly larger than the above differential. |
#2
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice versa..
wow. very interesting.
I am of the belief that the American economy will be going strong for quite a while yet. |
#3
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice versa..
Not if hurricanes, rising crime, and terror fears keep everyday a fight for survival.
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#4
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice ver
but, but, china! dollar collapse! forein debt causes us to be held political hostage!
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#5
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice ver
[ QUOTE ]
Not if hurricanes, rising crime, and terror fears keep everyday a fight for survival. [/ QUOTE ] Yes because clearly we are in such a state that joe sixpack is engaged in a fight for survival every day. God you suck. J |
#6
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice ver
[ QUOTE ]
Not if hurricanes, rising crime, and terror fears keep everyday a fight for survival. [/ QUOTE ] [x] no major hurricanes last yr [x] crime actually low compared to 80s - 90s [x] no terror attacks since 9/11 [x] post makes no sense |
#7
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice versa..
[ QUOTE ]
Not if hurricanes, rising crime, and terror fears keep everyday a fight for survival. [/ QUOTE ] [img]/images/graemlins/confused.gif[/img] |
#8
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice ver
[ QUOTE ]
[ QUOTE ] Not if hurricanes, rising crime, and terror fears keep everyday a fight for survival. [/ QUOTE ] [x] no major hurricanes last yr [x] crime actually low compared to 80s - 90s [x] no terror attacks since 9/11 [x] post makes no sense [/ QUOTE ] [ ] poster has track record of logical non-inflamatory posts |
#9
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice ver
[ QUOTE ]
[ QUOTE ] [ QUOTE ] Not if hurricanes, rising crime, and terror fears keep everyday a fight for survival. [/ QUOTE ] [x] no major hurricanes last yr [x] crime actually low compared to 80s - 90s [x] no terror attacks since 9/11 [x] post makes no sense [/ QUOTE ] [ ] poster has track record of logical non-inflamatory posts [/ QUOTE ] Can you imagine if it was 1979 what his posts would look like? Lower living standards, gas lines, high inflation & high unemployment. Instead of the risk of terrorists killing a few thousand people, we faced a very real threat of nuclear Armageddon killing millions. My guess is that he'd be telling us the end is near and the only solution is to buy IOWA FARMLAND! |
#10
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Re: US \'burning platform\' takes in more $$$ from the ROW than vice ver
[ QUOTE ]
Instead of the risk of terrorists killing a few thousand people, we faced a very real threat of nuclear Armageddon killing millions. My guess is that he'd be telling us the end is near and the only solution is to buy IOWA FARMLAND! [/ QUOTE ] LDO, bombs only reach the coasts. You're safe in the middle. Ethanol is just gravy at this point [img]/images/graemlins/smile.gif[/img] |
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