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The Armageddon of the U.S. Trade Deficit

Since 1975, the U.S. has imported more goods than it has exported. In the past 10 alone, the U.S. had a average deficit of $600 billion in global trade. A large portion of this is oil imports, but consumer goods are another area where the U.S. imports virtually everything.
Since 1975, the U.S. has imported more goods than it has exported. In the past 10 alone, the U.S. had a average deficit of $600 billion in global...
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frightknight
Uploaded 04/17/2013
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