Friday, October 13, 2017

More like siblings

The twin deficits, they are called.  Many economists complaining that this is a complex story, not so fast.

The blue and red going down is trade balance getting worse, the green going up is debt.  The lower blue deficit.
Kind of mirrored.  Our trade deficit has been increasing since the shock, and so has Swamp debt.  My guess at cause and effect? Bailouts never amortize. We the deficit gets bad, usually domestic business is lousy and government is bailing folks out.

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