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Unformatted text preview: • There is a current trade deficit; we import more than we export. The dollar has become a very weak currency. • I’m paid in dollars. My living costs are going up. Something about this seems wrong. • I better learn another language or increase my skills. Or both! Disposable Income v Savings • Disposable income is left over after the bills are paid. [taxes, rent, house, food, medical etc.] It seems to be increasing. Life is good! • We can save it or spend it. • Apparently we don’t save a lot. • Makes you wonder if our living costs exceed our disposable income....
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- Spring '08
- International Trade, Saudi Arabia, oil costs