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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Maurice Winn who wrote (34958)6/13/2003 9:13:35 AM
From: Ramsey Su  Read Replies (1) | Respond to of 74559
 
Here Maurice, try this subject - US Trade Deficits.

If you listened to the talking heads, they reported trade deficits narrowed, albeit slightly.

The true picture is ugly and totally ignored.

bea.doc.gov

Trade deficit (surplus) is a simple calculation of what one country exports vs imports. The report clearly showed how badly we are shrinking in both imports and exports. This points to a shrinking global economy which benefits no one. Inflation? Who the hell has the ability to raise prices under current circumstances?