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Trade Deficits Are Made in America
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<blockquote data-quote="rickyb" data-source="post: 2164155" data-attributes="member: 56035"><p>in david cay johnstons free lunch, he quotes warren buffet who estimates in 2007 america was losing 2% of its wealth per year because of the trade deficit.</p><p></p><p>when are you going to have to sell the house? all empires come and go</p></blockquote><p></p>
[QUOTE="rickyb, post: 2164155, member: 56035"] in david cay johnstons free lunch, he quotes warren buffet who estimates in 2007 america was losing 2% of its wealth per year because of the trade deficit. when are you going to have to sell the house? all empires come and go [/QUOTE]
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