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  • 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.
    Aug 18 09:10 am |Rating: 0 0 |Link to Comment
  • Absurd Accounting Rules and $5 Trillion Off Bank Balance Sheets [View article]
    The "F" in FASB stands for fraud. The "S" in SEC for scam...
    Jun 06 09:08 am |Rating: 0 0 |Link to Comment
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