Why is the United States one of the few advanced economies that suffers from perennial trade deficits?
Because we have an economy that can support it!
Because we have an economy that can support it!
Because our economy is the most creditworthy. You can't have a "trade deficit" without an equal and opposite "investment surplus" - the two are an accounting identity.People who are spooked about the "trade deficit" would really swoon if they found that we had an "investment deficit." Ya can't win.