Monday, March 10, 2008

Buffet in simple terms

This is a great article, for the advanced economists and those new to economics. It is written by Warren Buffet and explains the US trade deficit quite well in the first two pages.

Why care about the US trade deficit? Well, it helps us to understand how the baby boomers have left my generation with a whole lot of mess.

A good night to you all.

-Allan in 60406

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