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To: SeekAndFind

The author should list the countries that have trade deficits with us and their levels to show how they all balance out.


11 posted on 05/07/2018 9:25:29 AM PDT by arthurus (1)
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To: arthurus
They always balance out, that's why it's callled the balance of payments. If the current account has a deficit, the financial account will show a surplus. Our trading partners can either use the dollars they get from us to buy our goods and services, or they can invest in our economy. Neither option is bad. All those dollars will, eventually, find their way back to the U.S.

The author is correct.

16 posted on 05/07/2018 9:45:52 AM PDT by Mase (Save me from the people who would save me from myself!)
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To: arthurus

Great comment. China had a 375 billion surplus in 2016 or 17 and the krauts (Germans) are not far behind. The damn I Phone alone is many billions. Apple making that phone in China and their stealing our Hi Tech from phones to PC’s is TREASON.


22 posted on 05/07/2018 11:08:34 AM PDT by Lumper20
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