[dennisw]

Even the EU25 runs a small trade deficit of 16 billion Euros. Compare that to our trade deficit in the 800 billion dollar range

If you run an insane trade deficit your currency gets spanked. Such as today the USD is down and gold mine stocks up so far

[1rudeboy]

You do understand that if I cherry-picked my data, say, by including Canada’s and Mexico’s figures with those of the United States (such as you are using EU figures), even without using the term “small,” our domestic tinfoil manufacturs would not be able to keep up with the surge in demand.

[valkyry1]

No doubt that is a big trade deficit, but in terms of deficit compared to size of economy, GDP or other markers, then what does it look like?