As Americans Stop Buying, Trade Deficit Declines
WASHINGTON — Dire warnings about the need for Americans to save more and spend less didn’t work. Nagging China, Japan and Germany to buy more American products didn’t work.
No matter how much economists and political leaders warned about huge global trade imbalances and the astronomical foreign debt of the United States, American consumers kept buying [...]
October 10, 2009 | Posted in International News | Read More »






