[henkster]

The article is technically correct; tbe trade deficit is not a “debt to repay.” It is, however, an exportation to or an appropriation of or national wealth by other nations. All those dollars going overseas come back and buy our land and all of the assets on it.

Try to make a movie in Hollywood critical of Saudi Arabia or China. Not gonna happen. Guess who owns and finances the studios.

[expat_panama]

an appropriation of or national wealth by other nations. All those dollars going overseas come back and buy our land and all of the assets on it.

Whoa --all the land and all the assets in the U.S. have all left!!!

We know that's not true.  We know it's like what I said in post 9 about swapping Sony stock for gasoline in Canada.