Posted 4/8/2025 01:17 (#11180571 - in reply to #11179904) Subject: RE: US Trade deficits in 2024
Northern IL
Look at I this way. If you buy all your inputs from your neighbor farmer, pay him to do your work, and then run a trade deficit with him, he will eventually own your farm. That stupid capital account concept just tries to make his purchase of your farm a reduction in the trade deficit. Forever trade deficits are fine if you want to sell the farm and end up with nothing
US Trade deficits in 2024
