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To: Pondman88

OTOH, Asian economies with a trade deficit > 5% GDP imploded in the 90s. Neither Europe nor Asia is a control group for the US economy, so it is difficult to draw any conclusions without considering the many other contributing factors. That being said, it's hard to see how running a trade deficit of this magnitude is healthy.


14 posted on 05/11/2005 7:00:26 AM PDT by Soren
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To: Soren

OTOH--isn't their some old joke about economists and OTOH????

Its all beyond me...you get myopics like Krugman and optimists like Kudlow.


15 posted on 05/11/2005 7:22:32 AM PDT by Pondman88
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