Low Wage Pay Gains

[Enrique Diaz-Alvarez]

Dennis R Redmond wrote:
> 
> If the Federal Reserve flow-of-funds data is correct, it's now a roughly
> 800 billion euro question (US debt to the EU) and counting. Compound
> interest sure is a bear, eh?
> 

800  billion euros of what? If it is Treasury bills or GM bonds, yes, it
is a bear. On the other hand, if it is 800 billion of, say, Nasdaq
stocks, that debt could become 150 billion in a hurry.

Does anybody know in what financial instruments foreign claims on the US
are held? 

-- 
Enrique Diaz-Alvarez            Office # (607) 255 5034	
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