note also that the US only runs a trade deficit in goods; we are a giant services trade surplus nation.
this means that targeting a bilateral goods trade balance of zero with every nation is targeting a total bilateral trade surplus with almost every nation.
this means that targeting a bilateral goods trade balance of zero with every nation is targeting a total bilateral trade surplus with almost every nation.
Reposted from
Aaron Reichlin-Melnick
It is hard to express, without resorting to expletives, how utterly stupid it is to suggest that the United States, world's richest economy with a population of 334 million, should have a bilateral trade balance of zero (no trade surplus, no trade deficit) with every country in the world.
Comments
Break it
Sell it
Privatization is the endgame