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Buffett: U.S. Trade Deficit Is a ThreatQuicklink Submitted By Amanda Lang No comments
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| The U.S. trade deficit is a bigger threat to the domestic economy than either the federal budget deficit or consumer debt and could lead to "political turmoil," billionaire investor Warren Buffett warned. "Right now, the rest of the world owns $3 trillion more of us than we own of them." ... "In my view, it will create political turmoil at some point. ... Pretty soon, I think there will be a big adjustment..." |
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Amanda Lang Social Media Pages: 
OpedNews volunteer from 2005 to 2013.
Amanda Lang was a wonderful member of the Opednews team, and the first volunteer editor, for a good number of years being a senior editor. She passed away summer 2014.
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