Q: Does a trade deficit serve as a good measure of a country's economic strength or weakness when it comes to trade?
Mary Lovely: It's a very simple answer. No.
Listen to the @npr.org interview here:
https://www.npr.org/2025/02/09/nx-s1-5287995/what-it-means-to-have-a-high-trade-deficit-and-why-its-not-always-a-bad-thing
Mary Lovely: It's a very simple answer. No.
Listen to the @npr.org interview here:
https://www.npr.org/2025/02/09/nx-s1-5287995/what-it-means-to-have-a-high-trade-deficit-and-why-its-not-always-a-bad-thing
Comments
Now the world has dollars to use (which Trump says that they better continue to use or else).
Now the world can buy oil, buy American condos, buy a US bond & have a savings account at The Fed