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Wednesday, April 30, 2008

USA GDP Grows 14% by Balancing Trade Deficit

My blog-article title today is a forward looking best-case scenario outcome of what is possible if the United States would simply balance its current trade deficit. Stick with me for a minute as I run the (very basic) math that extrapolates a result from today's headline on GDP growth for the first quarter of 2008.I was just reading on Bloomberg.com how, even though it feels much like the United

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