Why Economic Stagnation Will Continue [View article]
Half the trade deficit can be accounted for by multinationals intra-firm trade (Marc Chandler on Seeking Alpha). The trade deficit is a raw number. A US company importing goods manufactured by its own facilities abroad adds to the trade deficit, but in the process lowers its cost of production/sales and improves its profit margin, etc.
Why Economic Stagnation Will Continue [View article]
Absurd Accounting Rules and $5 Trillion Off Bank Balance Sheets [View article]