Strong capital inflows from abroad help to keep the U.S. economy afloat

An article in The New York Times by Peter Goodman and Louise Story entitled "Overseas Investors Buy Aggressively in U.S." helps to illustrate two points: 1) capital inflows from abroad are doing a great job of compensating for the credit crunch, and 2) continued investment in U.S. companies is helping to keep the U.S. economy afloat at a time when people are worried about a possible recession.

Funny, you never hear the recession promoters talk about these capital inflows. Mostly that is because they have some sort of vested interest in promoting despair.

-- Jack Krupansky