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A trade deficit doesn’t mean the U.S. is losing money. It simply means foreigners are sending the U.S. more goods than the U.S. is sending them. Americans get cheap goods, and sell foreigners financial assets, like bonds and tech company stocks. An economist explains: buff.ly/DtddsAF
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"...far from a national emergency, this persistent deficit is actually a sign of America’s financial and technological dominance."
An international emergency, then. #ExorbitantPrivilege
This entry was edited (1 week ago)
in reply to The Conversation U.S.

Sorry, the only person we need to make understand this is a stubborn moron.
in reply to The Conversation U.S.

Was. It was a sign of America's financial and technological dominance.

That's why #Putin tasked #Trump with ruining it.

#Krasnov47 #traitor