Brad’s blog is the go-to place for all balance-of-payments-related data analysis. Now he has a post up about US exports. Why is this important? Exports have been the one good thing about the US economic situation; in fact, the reason the economy didn’t fall off a cliff immediately when the housing bubble burst was that, for a while, export growth took up the slack.
But Brad says that the export boom is over — in fact, it now looks like an export slump. Like he says, ut-oh.
William Fisher: Obama's Dilemma: Prison Corruption a Symptom of How Sick We Are in Afghanistan
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Amid the near-constant speculation over President Barack Obama's strategy for Afghanistan, there appears to be virtually universal consensus that rooting out...
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