That paragraph is not in that link. I do agree with the link that you sent me though.
I try to read everything so that I can understand this madness. Currently reading this book that you might find interesting http://www.selling-us-out.com/ -----Original Message----- From: ProFox [mailto:profox-boun...@leafe.com] On Behalf Of Jean Laeremans Sent: Thursday, July 04, 2013 8:50 AM To: ProFox Email List Subject: Re: [OT] the georgia we were discussing a few days ago http://useconomy.about.com/od/grossdomesticproduct/p/largest_economy.htm On Thu, Jul 4, 2013 at 3:43 PM, Virgil Bierschwale <vbier...@gmail.com>wrote: > Always looking for additional reference material. > What is your link? > > > -----Original Message----- > From: ProFox [mailto:profox-boun...@leafe.com] On Behalf Of Jean > Laeremans > Sent: Thursday, July 04, 2013 8:41 AM > To: ProFox Email List > Subject: Re: [OT] the georgia we were discussing a few days ago > > Ahum...the EU is lending money to the US...not the other way around. > lol > > A+ > jml > > > "Comparing the economic performance of the European Union and the USA > does not lead one to conclude that America has the more dynamic > economy, or that it has performed better in the past or will do so in > future. The most important feature of the comparison is neither the > growth nor the unemployment record of the US and the EU. It is, > rather, that US growth, unlike that in the EU, is funded by a > dangerously high mountain of foreign debt. US external indebtedness, > in turn, is driven by the US house-price bubble, enabling US consumers > to spend more than they earn. Ironically, it is the EU which, together > with China and Japan, continues to lend the money to the US which keeps their households spending and their economy growing." > > > --- StripMime Report -- processed MIME parts --- multipart/alternative > text/plain (text body -- kept) > text/html > --- > [excessive quoting removed by server] _______________________________________________ Post Messages to: ProFox@leafe.com Subscription Maintenance: http://mail.leafe.com/mailman/listinfo/profox OT-free version of this list: http://mail.leafe.com/mailman/listinfo/profoxtech Searchable Archive: http://leafe.com/archives/search/profox This message: http://leafe.com/archives/byMID/profox/028801ce78bd$e31ca360$a955ea20$@gmail.com ** All postings, unless explicitly stated otherwise, are the opinions of the author, and do not constitute legal or medical advice. This statement is added to the messages for those lawyers who are too stupid to see the obvious.
