Easter Sunday concludes Holy Week, when Christians worldwide celebrate the life of Jesus Christ, his death on the cross and his subsequent resurrection.
While common U.S. traditions include attending a service or Mass, gatherings of family and friends together for an Easter dinner, and Easter Egg hunts, different Christian denominations and cultures celebrate Easter in various ways.
Let's look at the political angst over trade deficits. There cannot be a trade deficit in a true economic sense. Let's examine this.
I buy more from my grocer than he buys from me. That means I have a trade deficit with my grocer. My grocer buys more from his wholesaler than his wholesaler buys from him. But there is really no trade imbalance, whether my grocer is down the street, in Canada or, God forbid, in China.
