US June Trade Deficit Widens to $49.9 billion

[Kassz007]

Quote from tradestrong:

Ok..let's fix this...China's trade is dependent on trade imbalances with other countries. How long is that gravy train going to last? Not very much longer.

Why not?

 

[enkidu007]

Quote from tradestrong:

Ok..let's fix this...China's trade is dependent on trade imbalances with other countries. How long is that gravy train going to last? Not very much longer.

Yeah that's what they said in the 70's, the 80's, the 90's, 00's.

It will keep on going.

 

[tradestrong]

Quote from enkidu007:

Yeah that's what they said in the 70's, the 80's, the 90's, 00's.

It will keep on going.

And did the great depression II happen in the 70's, 80's, 90's, and 00's?

There's your answer. Because trade protectionism is going to be the new wave of the future just like it was during the 30's.

Oh but things will be "different" this time....right?

 

[Streambase]

Quote from tradestrong:

And did the great depression II happen in the 70's, 80's, 90's, and 00's?

There's your answer. Because trade protectionism is going to be the new wave of the future just like it was during the 30's.

Oh but things will be "different" this time....right?

although that is true but i think all this stuff can be good for our life in the near future