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Moderator
Join Date: Apr 2000
Location: Auckland, New Zealand
Posts: 5,111
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Ron - the Economist has an interesting article that substitutes where you say:
"It seems that as long as the US is economically stronger than Europe, India, and China the party will keep going."
by taking out "economically stronger" and substituting "able to able to borrow from". The author believes that the saving rate of Europe/China/Asia in general is responsible for the continuing low interest rates in the US... and its affect on housing.
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1975 911S (in bits)
1969 911T (goes, but need fettling)
1973 BMW 2002tii (in bits, now with turbo)
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