According to President Obama’s most recent address to the nation, the United States seems to finally be taking a vested interest in establishing a positive balance of payments. With China being America’s largest trading partner, this new direction will surely decrease demand for imports in the United States and will put pressure on the Chinese [...]
Author Archives: Matthew Cassar
The United States to face a fools end.
As a result of the global financial crisis there has been a lot of discussion about the stability of the US dollar. Both investors and international agencies have openly addressed their concerns for this issue in the media. Many state that the consistent accumulation of US national debt could have negative implications on the US [...]