[lbo-talk] US $3.5t in the hole

Bill O'Connor billyoc at gmail.com
Fri Jun 26 07:29:25 PDT 2009


Doug Henwood <dhenwood at panix.com> writes:


> From: "U.S. Bureau of Economic Analysis" <subscribe at bea.gov>
> Date: June 26, 2009 8:43:56 AM EDT
> To: dhenwood at panix.com
> Subject: BEA News: US Intl Investment Position, 2008
>
>
>
> The U.S. Bureau of Economic Analysis (BEA) has issued the following
> news release today:
>
> The U.S. net international investment position at yearend 2008 was -
> $3,469.2 billion (preliminary), as the value of foreign investments in
> the United States continued to exceed the value of U.S. investments
> abroad (table 1).
>
> The full text of the release on BEA's web site can be found at
> http://www.bea.gov/newsreleases/international/intinv/intinvnewsrelease.htm

I suppose the plummeting dollar will help that a bit.

(Doug, I changed that Subject to trillion)

-- In Solidarity, Billy O'Connor



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