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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?


To: rich evans who wrote (54298)3/18/2008 12:38:54 AM
From: neolib  Respond to of 543592
 
How can the trade deficit have been going on for 25 years?

How many years ago was securitization of debt invented? Why is it only blowing up now? Economists have been watching both for about the same amount of time. If they failed to understand that one of them would blow up, perhaps they have failed to understand the other is also an issue that might blow up?