Sunday, June 14, 2009

Unequal Exchange: April 2009 Edition

The rest of the world is still taking our little bits of green paper in exchange for their stuff, but we are asking for a lot less stuff these days.

While the year-over-year numbers are still brutal, the absolute trade deficit figures have gone the wrong way recently. I haven't imported the monthly details so I'm not sure why, and eyeballing the numbers doesn't reveal big changes in any category.

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