The deficit game

Most of us are aware of the ever-growing gigantic trade deficit that U.S has with China. NYTimes offers an interesting persepective on it:

China imports components, does the low-wage assembly, and then exports the finished products to the U.S. — so the whole value appears in the Chinese trade surplus with the U.S., even though on average 65 percent of the value was imported into China. When a Chinese-made Barbie doll sells in the U.S. for $9.99, only 35 cents goes to China

You can read the full article here.

On a tangential arc , here is a Bruce Lee snippet I like:


If you were in Calicut today and took a walk on S.M.Street, you'd see street hawkers selling Bruce Lee posters along with Rajnikant's and Mammooty's! Such is his popularity

My blogpost strictly conforms to U.S Television news reporting style. :)