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Why is a trade deficit a bad thing?
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Alberta Farmer
Posted 1/30/2017 20:39 (#5805983 - in reply to #5805820)
Subject: RE: Why is a trade deficit a bad thing?



West Central Alberta Coldest, wettest edge

But if those small town could issue their own currency. And for some reason the neighboring towns trusted it more than their own, they wouldn't need industry anymore. It can't happen on that scalean but it sure happens on the global scale, at least so far. 

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