Always looking for additional reference material. What is your link?
-----Original Message----- From: ProFox [mailto:[email protected]] 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: [email protected] 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/[email protected] ** 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.
