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      11-07-2006, 05:36 AM   #6
JK42
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Drives: E70 BMW X5 4.8i
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Quote:
Originally Posted by aranetaj View Post
not sure if the large US balance of trade deficit and/or (foreign) debt has something to do with this.

Yes, it surely has in part, because that's how the government pays for things, because it doesn't tax. In the short term, it's fantastic for people, but in about 20-30 years the party will be over Unfortunately. The first signs are already there, the skyrocketing interest rates, decrease in homeownership and the average American household debt which is also at world-record levels (not to mention the Government's debt.) But right now the going is still good.

Best regards,

Jussi