# Prof. Ralph Gomory on the consequences of unbalanced trade

1 Faculty News April 2, 2012 ![Huffington Post logo](/sites/default/files/styles/246w/public/assets/images/huffpost192x144.jpg?itok=sF2Y0c9v)>

Excerpt from [The Huffington Post](http://www.huffingtonpost.com/leo-w-gerard/pink-slime-beef_b_1394926.html) -- "[Gomory](http://www.stern.nyu.edu/faculty/bio/ralph-gomory), who is co-author of the book 'Global Trade and Conflicting National Interests,' pointed out: 'With unbalanced trade, we are consuming more than we produce and that cannot go on without us being poor and in debt to everyone else.'"
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