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Strategies & Market Trends : Classic TA Workplace
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To: skinowski who wrote (65663)2/7/2003 5:06:31 PM
From: Perspective  Read Replies (1) of 209892
 
Ski,

I view it like a spring: the trade deficit is a reactive force that exerts an opposing pull on the economy as it consumes more than it gives to the rest of the world. When the reactive force exceeds the motive force to increase it, the deficit begins to reverse.

To say it supports the good times is misleading.

BC
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