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To: Mollypitcher1

You do not understand what a capital account is and how it relates to trade deficits. Only those who have studied economics know the truth of what I am saying. A large percentage of people have taken university economics and a large percentage of those people will vote for Hillary because she is less wrong than Trump on this issue.

Trump will, however, continue to do well among anybody who has little economics education.

Make no mistake about it. I am a Trump supporter. This is the only issue I disagree with him on.


30 posted on 09/02/2016 8:31:35 AM PDT by impimp
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To: impimp
Only those who have studied economics know the truth of what I am saying.

You're a globalist religious zealot.

What the outstanding humongous trade deficit (US bucks held by foreigners) means is that an inflationary time bomb of biblical proportions is waiting on the horizon. This could be used as a tool tool to destroy the US economy.

33 posted on 09/02/2016 8:38:05 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: impimp

Well get your head screwed on straight. You are a defeatist when you think we need to “take what we can get.” That has never been an American philosophy. We are the No. 1 consumer nation in the world. They need us more than we need them.
Secondly, you are an arrogant idiot if you think I know nothing about economics. You’d better get off that springboard before you take a dive in an empty pool. The “Theorists” who have nothing but programs and graphs to play with but have never dealt in International Trade have no “creds.” They are part...a large part...of the problem, exactly like the so called experts in “Global Warming” or is that Climate Change?


38 posted on 09/02/2016 9:10:14 AM PDT by Mollypitcher1 (I have not yet begun to fight....John Paul Jones)
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