If out flow is bad how come states that produce more than others are not broke? How comes states that produce less are not broke?
Which would you rather be a Creditor Nation or a Debtor nation?
China, for example, holds over $1 Trillion in U.S. Debt.
What happens when we have to Default?
We have grown addicted to cheap goods from China and other places. We have done everything to Pull Future Demand Forward, we have an economy that is unbalanced.
What we have cannot continue, sooner or later the Reckoning happens.