Why Trade Deficits Matter
Ranked: Visualizing the Largest Trading Partners of the U.S.
visualcapitalist.com
These trade deficits are self-reinforcing rather than planned. It’s not like the global reserve country necessarily decides to have persistent trade deficits. Using the United States as an example, if the whole world agrees or is forced to mainly use dollars to buy commodities and settle the majority of international deals, then there is naturally
... See moreLyn Alden • The Global Dollar Short Squeeze
So, if we had a trade deficit with the European Union, would a strong dollar or a weak dollar help to bring us back to a surplus? Well, if we were already importing more from the EU than we were exporting, we would want to make our exports more attractive to the Europeans and our imports from the EU less attractive to Americans, which would happen
... See moreRobert Walker • Pass The 65: A PLAIN ENGLISH EXPLANATION TO HELP YOU PASS THE SERIES 65 EXAM - UPDATED FOR 2017
While deficits of $1T+ per year, with debt repayments of nearly $1T themselves, people think this is unsustainable short term and will combust. I disagree, there is atleast a 5-10 year runway without the existential crisis, however as I said in TechDollar 1, it will get worse every year, the money printing will exacerbate all the issues internally ... See more