tag:blogger.com,1999:blog-53246864840716464.post2242271243392852475..comments2024-02-29T00:46:38.800-08:00Comments on Washingtons Blog: Krugman: Collapse in Trade Worse than the Great DepressionUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-53246864840716464.post-74460354295582128742009-10-08T11:06:36.957-07:002009-10-08T11:06:36.957-07:00The GDP accounts subtract imports from exports to ...The GDP accounts subtract imports from exports to get to net exports. It's fun and illuminating to add exports and imports together, not subtract imports from exports, and look at the growth in the sum of those to look at trade relating to the United States alone. This chart shows a dramatic decline in recent years, along the lines of what Krugman was saying. But things may finally be pulling out.Bill Bergmanhttps://www.blogger.com/profile/17066440544129368326noreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-6831967850142983312009-10-08T10:57:40.004-07:002009-10-08T10:57:40.004-07:00"On a lighter note, Krugman through out these..."On a lighter note, Krugman through out these one-liners:"<br /><br />I'm willing to bet he -threw- them out, and than called the garbage men to come get them.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-53246864840716464.post-81441586919120032432009-10-08T10:49:04.048-07:002009-10-08T10:49:04.048-07:00"global trade activity falling much more stee..."global trade activity falling much more steeply in the current downturn than during the Depression."<br /><br />You have to remember that ships were slower back then.Anonymousnoreply@blogger.com