Tag Archives: trade deficit
Journey To The End Of San Pedro Bay
Nowhere is the insanity of central economic planning so visibly stark raving mad as at the Port of Los Angeles / Port of Long Beach (POLA / POLB) shipping complex. The combined ports account for over one third of all U.S. imports. Continue reading
Are You Prepared for the End of Fake Money?
Today we begin with a fundamental question: What is money? This, no doubt, is an important question. And we ask it with clear intent and purpose. Namely, we want to better understand how it’s possible for America to rack up … Continue reading
When Budget Deficits Will Really Go Vertical
United States Secretary of Treasury Steven Mnuchin has a sweet gig. He writes rubber checks to pay the nation’s bills. Yet, somehow, the rubber checks don’t bounce. Instead, like magic, they clear. How this all works, considering the nation’s technically … Continue reading
Tax Reform and Trump’s Chinese Trade Deficit Conundrum
Most things come easier said than done. Take President Trump’s posture on trade with China… Trump doesn’t want a bigger trade deficit with China. He wants a smaller trade deficit with China. In fact, reducing the trade deficit with China … Continue reading
