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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Jim Willie CB who wrote (5216)1/17/2004 7:00:08 PM
From: Kailash  Read Replies (2) | Respond to of 110194
 
"we have no trade imbalance with Europe, period"

We started running a deficit a decade ago, and should be about $90B in the red last year -- second only to our deficit with China. Not well known, but there it is.

census.gov

The grim fact is we run a deficit with just about everybody.

Cheers,
Kailash