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Americans finally seeing the light?
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<blockquote data-quote="klein" data-source="post: 584878" data-attributes="member: 23950"><p>Superpower maybe miltarywise, but not economicallywise.</p><p>Look at your trade deficits.</p><p>How can a country keep on importing more goods and value then they export ?</p><p>Thats been going on for years, and it's time to pay the price. Another reason your in a recession.</p><p>It's common sense, you can't shop til you drop (well in this case you did).</p><p></p><p>United States trade deficit</p><p><img src="http://upload.wikimedia.org/wikipedia/commons/thumb/2/26/USTrade1991-2005.png/500px-USTrade1991-2005.png" alt="" class="fr-fic fr-dii fr-draggable " style="" /> </p><p>United States trade deficit (1991-2005).</p><p></p><p></p><p>The United States of America has held a trade deficit starting late in the 1960s. It was this very deficit that forced the United States in 1971 off the <u><span style="color: #800080">gold standard</span></u>. Its trade deficit has been increasing at a large rate since 1997 <u><span style="color: #0066cc">[35]</span></u> (See chart) and increased by 49.8 billion dollars between 2005 and 2006, setting a record high of 817.3 billion dollars, up from 767.5 billion dollars the previous year.<u><span style="color: #0066cc">[36]</span></u></p><p></p><p></p><p>Even Mexico has a trade surplus.</p><p>Guess, I'll need to compare you with some african nations.</p><p>It's time to wake up, indeed !</p></blockquote><p></p>
[QUOTE="klein, post: 584878, member: 23950"] Superpower maybe miltarywise, but not economicallywise. Look at your trade deficits. How can a country keep on importing more goods and value then they export ? Thats been going on for years, and it's time to pay the price. Another reason your in a recession. It's common sense, you can't shop til you drop (well in this case you did). United States trade deficit [IMG]http://upload.wikimedia.org/wikipedia/commons/thumb/2/26/USTrade1991-2005.png/500px-USTrade1991-2005.png[/IMG] United States trade deficit (1991-2005). The United States of America has held a trade deficit starting late in the 1960s. It was this very deficit that forced the United States in 1971 off the [U][COLOR=#800080]gold standard[/COLOR][/U]. Its trade deficit has been increasing at a large rate since 1997 [U][COLOR=#0066cc][35][/COLOR][/U] (See chart) and increased by 49.8 billion dollars between 2005 and 2006, setting a record high of 817.3 billion dollars, up from 767.5 billion dollars the previous year.[U][COLOR=#0066cc][36][/COLOR][/U] Even Mexico has a trade surplus. Guess, I'll need to compare you with some african nations. It's time to wake up, indeed ! [/QUOTE]
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