I can’t grasp numbers this big

The 2005 trade deficit hits record of $725.8B. Up 17% from the year before – which was the previous record. $617 billion. Four years in a row the deficit has set a record. Really, I think this is a new trend and can’t imagine how we won’t set another record in ’06. Not when everything […]

BostonHerald.com – Business: Economic `Armageddon’ predicted

Here’s some cheery news to think about when you start your Christmas shopping. Thanks to boing boing: Economic `Armageddon’ predicted America has no better than a 10 percent chance of avoiding economic “armageddon.” Press were not allowed into the meetings. But the Herald has obtained a copy of Roach’s presentation. A stunned source who was […]