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With the recent news of the ever widening trade deficit gap and the climbing cost for a barrel of oil, I fear that we may have brewed our own perfect economic storm. At the store yesterday, I paid .35 cents more for a jar of nuts than i paid a week ago. Prices have ballooned up all across the economic spectrum. Inflation has been rising for years now, but it doesn't seem to hit greenspan in the wallet.
With our belt busting dependence on imported goods, how can we escape being slot machines for foreign countries? Just about everything that is in the market place is made somewhere else. Hell, Made in America has become a novelty.
We have put ourselves in the awful position of having to be puppets for such wonderfull countries such as Saudi Arabia and China. All those cheap imports won't be so cheap anymore as OPEC tightens the squeeze on the American family jewels. Not only have we become used to inferior products but now we are about to pay through the nose for them.
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