About That Soaring Dollar: US Trade Deficit Excluding Oil Has Never Been Worse

Tuesday, November 4, 2014
By Paul Martin

by Tyler Durden
ZeroHedge.com
11/04/2014

As the chart below shows, US trade excluding Petroleum, just tumbled to $48.3 billion, essentially matching the worst print in the history of the series, suggesting that portrayals of the US as a resurgent export powerhouse are completely erroneous, and that instead the US is as big a net importer of goods and services, aside from the Shale revolution of course, as ever.

The Rest…HERE

Comments are closed.

Join the revolution in 2018. Revolution Radio is 100% volunteer ran. Any contributions are greatly appreciated. God bless!

Follow us on Twitter