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Why is a trade deficit a bad thing?
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zenfarm
Posted 1/31/2017 05:08 (#5806451 - in reply to #5806397)
Subject: RE: Because someone else ends up owning us


South central kansas
The US owns less assets in other countries than what they own in ours. If we take out the 6 trillion the other countries hold of the national debt,(as of the end of 2014), then the amount of US assets held by other countries is roughly equal to the amount The US assets owned in other countries



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