US Trade Deficit, Buffett, and Credit-Constraints

Yuvaraj Galada alerted me to the October 26th, 2003, edition of Fortune in which Warren Buffet worries that "America's Growing Trade Deficit Is Selling the Nation Out From Under Us." Then he suggests a remedy for the problem. The solution he says is to balance imports and exports. It is an interesting article and I … Continue reading US Trade Deficit, Buffett, and Credit-Constraints