Twin deficits: Trade and budget

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The trade and budget deficits are inextricably connected: If you’re going to have one, you’re going to have the other.

In this video, Ed Kerschner looks at the issue of trade and its impact on the U.S. stock market. He explains how the trade deficit is intertwined with the budget deficit — you can’t fix one without fixing the other.

 

 

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