bearze34 said:
I like ur fantasy about the weak dollar and foreign investment.....what an uneducated bafoon! Read young man, read, it is not to late to overcome a poor education!
As I said, anyone that can claim to be an economist can do more than copy articles off of the internet. So you believe that people want to invest more in a country with lower interest rates? Wow, that is amazing logic. Lets see, I will invest in a money that gives me the least return for my investment. That makes a lot of sense. I bet you cannot balance your own check book, let alone analyze any type of monetary policy. The bullshitters that come here are amazing. A UN economist hanging out on Meso posting quotes from George Bush who cannot articulate a single economic theory at all without using someone elses words. I bet you cannot spell UN without a dictionary let alone work there.
Again fucknuts....who runs the IMF/worldbank??? Not the UN....do some research before you put out half truths or lies....again...read young man read....it will egimicate you! And yes....economist do lift and do take AS....what a surprise
Did they talk about the IMF or World bank at fresno state????
The large current account deficit implies that the United States has a need for continuing inflows of foreign financing, and as long as those funds are willing to come in, things can move fairly smoothly, but the reality is that the magnitude of the current account deficit is very large and that the net external liabilities of the United States are rising quite rapidly relative to both U.S. GDP and relative also to global savings
Um....let me post the article that I got of the internet AGAIN for ur question dick weed......the reason i post this is because Collyns holds a ton of weight in the econ world....much, much more than me posting shit. I work for the IMF/Worldbank and this was a press release from the IMF's Western Hemisphere Department...for which i am employed.
Recession, tax cuts and high spending for the war on terrorism have resulted in large deficits, the IMF said.
International investors could lose some confidence in the dollar, and, as a result, might invest elsewhere, affecting the United States ability to fund its deficits, Collyns said.
That could place
upward pressure on interest rates, and pose risks for the US economy and rest of the world.
IMF Deputy director Charles Collyns, said international investors could also lose confidence in the dollar.
That, he said, could force them to consider investing elsewhere.
'Adverse consequences'
Noting the dollar's recent slide against the euro, UK pound, and yen, the IMF said an unrestrained drop could have serious consequences at home and abroad.
The article I posted was from the IMF....it articulates the answers to ur fucked up assumptions.....thought u would see the light????
If you would like I can tell u what IMF stands for??? Just let me know Mr. Econ 101!
line out of this thread.....at least you have learned a little about the wb and imf.....thats good!
