To: jayef
None of these technologies would survive without the good ol' U.S. dollar buying/paying for their product or service. There is little or no chance the profit on exports from these combined could pay the tax on the trade deficit acquired from China.
112 posted on
07/07/2003 8:56:01 AM PDT by
azhenfud
("for every government action, there must be an equal and opposite reaction")
To: azhenfud
Trade deficit with China? How does one end up with a trade deficit? What does that mean? It means Americans are buying things. This is not a zero sum game. Do you guys ever read anything besides Keynes?
115 posted on
07/07/2003 10:36:38 AM PDT by
jayef
To: azhenfud
Didn't America enjoy trade surplusses during the Great Depression. Hasn't Japan been running trade surplusses for the last 2 decades?
117 posted on
07/07/2003 10:40:46 AM PDT by
jayef
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