On Fri, 7 Dec 2001, Doug Henwood wrote:
> A more interesting difference might be what
> populist-secularist-pan-Arabist governments could do with the money
> other than buying securities in London and New York. If they used the
> proceeds to finance real development and social welfare programs,
> Uncle Sam would have to scramble harder to sell T-bonds.
In line with the way you put import/export figures into perspective, can you estimate what percentage of T-bonds are held by SA & Kuwait?
Michael
__________________________________________________________________________ Michael Pollak................New York City..............mpollak at panix.com