And you can bet there will be folks on both sides denying these numbers. There will be some on FR who deny trade deficits are bad...for starters
Our economy is in the toilet....and will get worse the more we ignore it
Back in 2006, if you raised concerns about the booming housing market being made of clay, you were in for a red hot flame attack from Freepers who were real estate agents, mortgage brokers, and house flippers.
I kid you not.