[cba123]

America really, really, really needs to be much more aggressive on these trade deals.

For real.

Our trade deficit with China for example, just last year, was:

347 BILLION DOLLARS

https://www.census.gov/foreign-trade/balance/c5700.html

[aquila48]

“Our trade deficit with China for example, just last year, was:

347 BILLION DOLLARS”

And the chinese gave most of those billions back to us by buying our IOUs.

Bottom line, we got a bunch of their stuff in return for “promises to pay”.

I wonder who got the better deal.

Oh, and that money we got back from China, it goes to pay our people to not work (welfare).

So the chinese workers are doing the work and our people who don’t want to work are getting paid. What a deal!

http://money.cnn.com/2017/08/16/investing/china-us-debt-treasuries/index.html