March was the first time in U.S. history that a monthly deficit surpassed $100 billion. The trade deficit refers to the gap between how much America purchases from other countries versus what it sells abroad.
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(05-05-2022, 04:14 PM)sgbuffett Wrote: Many see trade deficit as weakness..
Japan had massive trade deficit with US....in the end look at what happened to Japan.
When a country has trade surplus with US means they depend on US buying power to sustain their economy....US has the most money due to the wealth if built up and USD hegemony.
When trade ties are cut it is the country with big trade surplus that see its economy collapse because suddenly there is no demand for its goods.
(05-05-2022, 04:14 PM)sgbuffett Wrote: Many see trade deficit as weakness..
Japan had massive trade deficit with US....in the end look at what happened to Japan.
When a country has trade surplus with US means they depend on US buying power to sustain their economy....US has the most money due to the wealth if built up and USD hegemony.
When trade ties are cut it is the country with big trade surplus that see its economy collapse because suddenly there is no demand for its goods.
(05-05-2022, 01:42 PM)cityhantam Wrote: https://www.foxbusiness.com/economy/us-t...109b-marchWhoa .... but according to the goon gang kokee way the new clown reddishflash or something ... claimed it was China was going to collapse!
March was the first time in U.S. history that a monthly deficit surpassed $100 billion. The trade deficit refers to the gap between how much America purchases from other countries versus what it sells abroad.
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