Too many imports for the U.S.
The U.S. is having issues with money- and not surprisingly, the issues that most Americans are having- buying too much and more than we actually have money to afford, along with carrying a lot of debt that we don’t actually have the means of paying off anytime soon- and we are just not talking about it. The numbers are just in for November, and is seems that the U.S. trade deficit got much larger, ballooned is the term Reuters used, in part because oil went up over $5 per barrel and demand from consumers started going up again. It grew by 36.4 billion, or 9.7%, which is the largest deficit since last year in January, which could signal both healthy consumption in the economy and something to be worried about- we haven’t actually changed our habits at all.
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