Balance of Payments Definitions and Confusion
John Cunniff explains the ongoing confusion around the balance of payments term and its components. He notes conflicting figures for the 1971 trade deficit and highlights how definitions vary with inclusion of military shipments, Virgin Islands imports, and adjustment methods, stressing the role of confidence in understanding the payments picture.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Virgin Island
Europe
United States
Crosswords Hint At Economic Debate And Deficit Concerns
A crossword puzzle excerpt discusses how the United States has spent more than it earned, causing a growing dollar deficit as imports rise and exports lag. It notes foreign fear of inflated dollars and suggests confidence erosion from large federal deficits while economics and finance terms appear as clues.
MENTIONED IN THIS ARTICLE
U.S
United States
Mountain States Lumber Dealers Elect New Directors
Newly elected three year directors Bill Grimm Tom Brettell and Bud Diehl discussed convention activities at the Broadmoor Hotel Colorado Springs during a two day fall meeting. More than 400 lumber dealers attended to discuss legislation affecting dealers in the mountain states region.
MENTIONED IN THIS ARTICLE
Mountain States Lumber Dealers Assn
Broadmoor
Colorado Springs
Colo
Bill Grimm
R. W. Specialties
Denver
Tom Brettell
Baremount Lumber Co
Roswell
Bud Diehl
Diem Lumber Co
Mountain States
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