Only a moron favors trade deficits. Do you live a life of profligacy and debt?
Same as Arnold Schwarzenegger is worth 200 million or so. Do you think he would be worth that much if he treated his own finances the way he dealt with California’s?
The strong nations right now have a lot less debt than us. Check out Canada and Australia. Their currencies are soaring. Gold has not yet reached an all time high in Australian dollars. They run trade surpluses plus they didn’t have a den of thieves known as Wall Street with its derivitives machines