I am not an economist, but Econ 101 was one of my most favorite required courses in undergrad. That was fourteen (14!) years ago. More recently I have started to pick up an occasional copy of The Economist magazine. Despite these novice credentials, I am probably not qualified to make the post I am about to make. But maybe any average Joe, like me, can get the point here...
Click here* and just scan the first column, noting the very large (negative) number listed for the fine country I live in (USA). I love my country, but not what this number suggests.
Note also how no other country has a number (negative nor positive) anywhere near the US's. Ouch. Can this possibly be sustainable? Where does it all go?
Showing posts with label trade. Show all posts
Showing posts with label trade. Show all posts
Sunday, December 9, 2007
USA Trade Balance
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