[Mase]

private Japanese companies and citizens sold more goods to the rest of the world than they bought from the rest of the world.

Maybe dennisw will also prove to us, finally, how a trade deficit causes debt by refuting what Don Boudreaux wrote in post #47.

Perhaps he can do it without linking us to groups like Center for American progress. Too funny!

[dennisw]

Maybe dennisw will also prove to us, finally, how a trade deficit causes debt by refuting what Don Boudreaux wrote in post #47.

I just re-read that piece since it's your holy grail. It is sick, vile, one-worlder babble. If I have time later I'll explain why. Maybe. I just have a different concept of America in this world than you & Boudreau do