Alarming Trade Balance Portends More Trouble Ahead.
If you've followed this podcast for any period of time, you know that we've spent a lot of time discussing the alarming situation in our balance of trade.
Now trade can be a good thing for a country, or a bad. For those countries that are able to obtain a competitive advantage over the rest of the world, trade can be a source of wealth. As others will pay you for those resources, services and materials that you produce.
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