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To: BeauBo

Oh you are right, sorry I quoted the wrong number. Thanks, and sorry about that.

It was 419 Billion in difference.

Still, that is a significantly bigger new world record, than the previous all-time world record trade surplus that China set against America. Last year.

Last year was already a brand new all-time world record trade inbalance, between the two countries. Last year we bought 375 Billion more from China, than they bought from us.

Now that difference once again, buries the previous inbalance by another 44 Billion.

New, all-time world record inbalance.

Ever. By any country. By any other country.

In all of recorded human history.


18 posted on 03/08/2019 4:35:10 AM PST by cba123 ( Toi la nguoi My. Toi bay gio o Viet Nam.)
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To: cba123
"New, all-time world record inbalance."

If you adjust for inflation (purchasing power), or look at it as a percentage of the total US economy (about $20 trillion), it is far from a record.

In fact, as a percentage of GDP, it is somewhat unremarkable (in 2006 it was -6%):

As a percentage of GDP, we ran a smaller trade deficit in 2017 than the UK, Canada or New Zealand.

28 posted on 03/08/2019 8:21:14 AM PST by BeauBo
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