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Wednesday, June 3, 2015
JUNE 2015 U.S. INTERNATIONAL TRADE STATE. THE BALANCE OF PAYMENTS PICTURE GETS BETTER AND BETTER, AS EXPECT DURING A LONG DEPRESSION
The trade balance continues to better. This should surprise no one as Americans have imported ever less, even in the face of shrinking exports.
It appears foreigners are buying ever less of Americans' service economy.
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