[Hawthorn]

>> The trick is to equalize trade before the trade deficits destroy your economy <<

Not at all. I recommend that you take a little time to educate yourself on the way national income statistics are put together. The double-entry bookkeeping used for national income accounting always works out so that our so-called “trade deficit” is always equal to our investment surplus.

So if we could magically eliminate the “trade deficit” (which we can’t do), we would also be eliminating something like $500 billion worth of annual foreign investment in our country. THAT kind of operation is what would really destroy the economy.

[WMarshal]

Thanks for the clarification, I will look deeper into it.

[central_va]

So if we could magically eliminate the “trade deficit” (which we can’t do), we would also be eliminating something like $500 billion worth of annual foreign investment in our country. THAT kind of operation is what would really destroy the economy.

annual foreign investment = globalists gambling in the US stock market.

If trade deficits are so great why do the rest of the world run surpluses? LOLOLOL