Re: Question on real net new invesment in the US

["Max B. Sawicky" <sawicky@xxxxxxxxxxxxxxxx>]

If Intel contracts out to a chip factory in Thailand,
is that a strategic asset for them or for the U.S.?

mbs


-----Original Message-----
From: PEN-L list [mailto:PEN-L@xxxxxxxxxxxxxxxx]On Behalf Of Jurriaan
Bendien
Sent: Thursday, July 17, 2003 6:51 PM
To: PEN-L@xxxxxxxxxxxxxxxx
Subject: Question on real net new invesment in the US


Max,

One other thing: I do not ask this question to play silly buggers -
according to the Bendien theory, a much more sensitive indicator of actual
real growth, and real growth prospects, is the current level of real net
additions to fixed assets in "strategic" sectors of the economy. The snag
is, that it is often difficult to get really up-to-date data about this (it
takes quite some time to construct this data). The obsessive focus by
conventional qualified neoclassical economists on real GDP data works to the
disadvantage of unqualified socialist amateur economists like me in this
regard... :,(

J.