CHART OF THE DAY: Our Shrinking Trade Deficit Kills Japan

button more charts
button chart prev
button chart next

This is what a slow down in global trade looks like. For many years, economists warned about an “unsustainable” trade deficit in the US, and now they’re getting their wish, since its shrinking dramatically. But, look across the Pacific at one of our biggest trading partners, and you can see, the rebalancing is causing quite a bit of pain.

f?id=4a42915814b9b9880083893a

Get This Delivered To Your Inbox
You can get this dropped in your inbox every afternoon as The Chart Of The Day. It’s a simple. It’s convenient. It’s free. All we need is your email address (though we’d love your name and state, too, if you’re willing to share it).  Sign up below!

Email

First Name

Last Name

State

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.