Baltimore Sun update

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  1. Amanda says:

    This is completely off the subject; and I apologize, but all morning I’ve been reading business stories and a reoccuring theme for some major American (nike and tiffany were two I read about)companies is that the only reason they’re doing well in the stock market and with profits is because of Asian/Pacific markets. I was wondering what do you think this will mean for the American economy especially since the money isn’t coming from American consumers?

  2. Chris Roush says:

    Amanda,

    It doesn’t mean much. They country has been running at a trade deficit for the past 30 years, and the trade deficit this year will exceed $500 billion. Some would argue that despite this growing trade deficit that the American economy has had some of its best years in the past 25, especially in the 1990s.

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