Wednesday, August 11, 2010

Not Sustainable... Trade Edition

What happens when the U.S. stimulates consumer demand when the rest of the developed world pushes austerity measures.... the below.



Source: Census
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2 comments:

  1. EconomicDisconnectAugust 11, 2010 at 4:47 PM

    Nice graph. We really do not make much stuff here anymore! At least we did not need to import much food, this may come in handy.

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  2. UnknownAugust 12, 2010 at 5:36 AM

    Yes, and, accordingly, you can now place me firmly in the Krugman camp, tariff-wise.

    As the Great Captain once said: "Shields up, Mr. Scotty, shields up."

    And we shall see if the photon torpedoes become necessary.

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