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Termyn8or -> RE: As April 15th Approaches... (3/15/2010 10:04:44 PM)
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OK Ken, I mis--- err somethinged. It is the debt, it is not the same thing as the trade imbalance. But it's still twelve trillion we will have to print sooner or later, unless we change the trade imbalance in our favor.
Speaking of which, is there an actual figure out there indicating the cumulative trade imbalance say, decade by decade ? Something like that could prove alot of points on both sides. I think, although I haven't actually looked into it because I've been busy, that the growth of the national debt has closely paralelled the trade imbalance, if we adjust for a "drag" effect because there is so much credit flying around. It's another variable which skews the resuklts of analysis actually, so even with the raw numbers it needs a bit of consideration in the translation into normal English.
People used to sy to me that all this is simply money the government owes itself. That is what many of the sheeple think, and that is a big big problem IMO.
I'm sure you can come up with a site with graphs and all that with the numbers. But you might not want to, because I think it will prove my point. It's up to you.
T
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