August Trade Deficit: Runaway Train Careens Toward Abyss

The Census Bureau released the August trade deficit data yesterday – another $59.1 billion of economic life blood sucked from the U.S. economy by parasitic trade “partners.”  Another $59.1 billion in American assets sold off and placed under foreign conrol.  Another big step on the downward spiral staircase toward economic collapse.  Like a train whose engineer has dropped dead and fallen onto the throttle, our nation’s economy is careening toward an abyss with its brain-dead leaders oblivious to the problem.

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