Wednesday, April 15, 2009

Some counterintuitive information on trade deficits from PPI

Trade deficits are down (way down)--that's a good thing, right? Maybe not.

"Higher imports (and usually, therefore, higher trade deficits) have usually been indicators of falling unemployment, while lower imports and trade deficits [as in 1982, 1991 and 2001] go hand-in-hand with rising unemployment."

1 comment:

Unknown said...

The pile of cash distributed as dividends in profit sharing will definitely reduce liquidity trap problem. PPI Claims helpline