Saturday, June 03, 2006
Yawn, yet another trade surplus
Think about this for a minute: I started looking for an explanation for the trade deficit discussion for awhile, like basically why does anybody care about it, isn’t it just a recording of how much money stuff flows in/out of a region? turns out, for the past 400 years, we have run a trade deficit for 350 of them. Why do they report it as if its some kind of anomaly? its actually the common case.