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America's Growing Trade Deficit Is Selling the Nation Out from Under... Warren E. Buffett.

by Buffett, Warren E; ProQuest Information and Learning Company.
Series: SIRS Enduring Issues 2005Article 2Business. Publisher: Fortune, 2003ISSN: 1522-3191;.Subject(s): Balance of trade | Buffett, Warren E | Dollar -- American | International economic relations | Investments -- Foreign | Tariff | United States -- Economic conditions | U.S. -- Economic relationsDDC classification: 050 Summary: "I believe that in the trade deficit we also have a problem that is going to test all of our abilities to find a solution. A gently declining dollar will not provide the answer. True, it would reduce our trade deficit to a degree, but not by enough to halt the outflow of our country's net worth and the resulting growth in our investment-income deficit." (FORTUNE) Author Warren E. Buffett presents his plan for solving America's trade deficit problem.
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REF SIRS 2005 Business Article 2 (Browse shelf) Available

Articles Contained in SIRS Enduring Issues 2005.

Originally Published: America's Growing Trade Deficit Is Selling the Nation Out from Under.., Nov. 10, 2003; pp. 106+.

"I believe that in the trade deficit we also have a problem that is going to test all of our abilities to find a solution. A gently declining dollar will not provide the answer. True, it would reduce our trade deficit to a degree, but not by enough to halt the outflow of our country's net worth and the resulting growth in our investment-income deficit." (FORTUNE) Author Warren E. Buffett presents his plan for solving America's trade deficit problem.

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