A Quote by Warren Buffett

In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment. — © Warren Buffett
In my view, [the trade deficit] will create political turmoil at some point...Pretty soon, I think there will be a big adjustment.
If a trade deficit is determined solely by rates of savings and investment, then the U.S. trade deficit will be impervious to a get-tough trade policy. Slapping higher tariffs on imports will only deprive foreigners of the dollars they would have earned by selling in the U.S. market.
Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly.
I would like to believe that TPP will lead to more exports and jobs for the American people. But history shows that big trade agreements - from NAFTA to the Korea Free Trade Agreement - have resulted in fewer American jobs, lower wages, and a bigger trade deficit.
As long as the big banks are allowed to remain big, their political leverage over Washington will remain big. And as long as their political leverage remains big, the taxpayer and economic tab for the next mess they create will be big.
We're at the start of the process of talking about a trade deal. We're both very clear that we want a trade deal. It will be in the interests of the UK from my point of view, that's what I'm going to be taking in, into the trade discussions that take place in due course. Obviously [Donald Trump] will have the interests of the US. I believe we can come to an agreement that is in the interests of both.
Pretty soon, we should see a few large regional blocs dominating global trade. The ones that lower trade barriers faster will grow faster...
The Donald Trump trade doctrine is this. America will trade with any country, so long as that deal meets these three criterion: You increase the GDP growth rate, you decrease the trade deficit, and you strengthen the manufacturing base.
I don't think people go to musicians for their political points of view. I think your political point of view is circumstances and then how you were nurtured and brought up.
This is what Donald Trump understands. This is the trade deficit. We run a trade deficit of close to $800 billion a year.
As the U.S. trade deficit, and the portion of that deficit attributed to China, continue to grow, our own economy is at risk of losing its reputation as a leader in world trade.
I can pretty much guarantee that you will at some point find yourself doing something that at one point you swore you'd never do. You'll do it for the sake of getting high, either directly or indirectly. Trust me. It will happen. You might think you know yourself better than anyone, but you have yet to become acquainted with your addiction. It will introduce itself in ways that you never thought were possible.
During the 1999 debate over Permanent Normal Trade Relations with China President Bill Clinton said, 'In opening the economy of China, the agreement will create unprecedented opportunities for American farmers, workers and companies to compete successfully in China's market. WRONG: Our trade deficit with China has increased from $83 billion in 2001 to a record breaking $342 billion in 2014.
As long as our user base continues to grow, at some point it will have critical mass, and at some point it will tip, and at some point, people will just have to use WhatsApp because their friends are using WhatsApp.
There will, in my view, come a time when there has to be some kind of political denouement inside China, because the newly enriched generation might put up with being told what to do by their rulers - but their children, who will take prosperity for granted, will not.
I could introduce myself properly, but it's not really necessary. You will know me well enough and soon enough, depending on a diverse range of variables. It suffices to say that at some point in time, I will be standing over you, as genially as possible. Your soul will be in my arms. A color will be perched on my shoulder. I will carry you gently away.
What Cable is up to is not something that can be done quietly. It will raise the interest of some pretty important people and leaders in the X-Men community will have to step in at some point in the storyline.
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