Tuesday, July 20, 2010

How the US economy is being destroyed...

Why should it matter to us if the US is a sinking ship in terms of it's economy. Well most know that the Canadian economy is hitched to the US via free trade and our historical trade relationship...US doesn't buy from us, we wind up hurting as well. Anyway, the part I found most interesting about Max Keiser's interview with a US economist is how 'freer trade' and 'comparative advantage' has led to the loss of jobs in the US and of course growth of jobs elsewhere. Take a look here, it is about 7 min. long.


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