If trade always balances then what is the meaning of being in deep debt? Where 10 credit card companies are after you, you can't pay your home mortgage and your car is going to be repossessed? Is that also balanced and therefor OK?
Are you referring to the budget deficit or the trade deficit?
If I buy a CD player from a Japanese company, they get my $50.00 and I get a CD player. How did this transaction create debt for anyone involved?