Tag: trade deficit

Things are getting worse. Major banks and mortgage companies yesterday sharply accelerated an industry consolidation that is set to change the landscape of American lending, while a convergence of events exposed fresh worries about the U.S. economy. New indications emerged yesterday that the spiraling subprime mortgage crisis is spreading from home loans to credit cards, […]

Bush is out in full force doing his cowboy talk against other countries: “If the Iranians are trying to influence the outcome of the political process, or the outcome of the security situation there, we’re letting them know our displeasure,” Bush said. “Our call is for those in the neighborhood to allow Iraq to develop […]

Yet our trade deficit hit an all time high in 2005. Time to brush up on your Chinese