HUGE 61 BILLION DOLLAR TRADE GAP DOOMS MARKETS TODAY!
Probably the most shocking part of the trade gap number is the RATE OF GROWTH not necessarily the number itself..... It seems that the US will be importing EVERYTHING SOON!
And why not....they work cheaper than Americans. Only problem is EVENTUALLY THEY WILL OWN AMERICA......UNLESS THE DOLLAR COLLAPSES. AND IF THE DOLLAR COLLAPSES YOU MAY BE ASSURED OF 1970's STYLE INTEREST RATES!
GREENSPAN SIMPLY MUST GO 50 BASIS POINTS AT THE NEXT FED MEETING!
