The Ignorant Investor
Ignorance Can't Stand in the Way of My OpinionFriday, January 11, 2008
Two Quotes
Saw this in the news today:
And thought of this from South Park's Wal-Mart episode:
I keep hearing that trade balances will eventually even themselves out though the operation of economic forces. I've been hearing that for years. Why does that never happen? Or, an even more important question, what is going to happen when it does?
WASHINGTON - The U.S. trade deficit in November surged to the highest level in 14 months, reflecting record foreign crude oil prices. The deficit with China declined slightly while the weak dollar boosted exports to another record high.
And thought of this from South Park's Wal-Mart episode:
Stan: Dad, how come Wal-Mart is able to sell everything so cheap?
Randy: It's simple economics son. I don't understand it at all. But God I love it.
I keep hearing that trade balances will eventually even themselves out though the operation of economic forces. I've been hearing that for years. Why does that never happen? Or, an even more important question, what is going to happen when it does?
posted by Worker 17 # 10:40 AM 
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