2 ms·
Using exports - imports to measure the "profit" of a country is deeply, deeply flawed. The US can consume more than it produces because other countries invest t
by jacoblyles 17y ago
Using exports - imports to measure the "profit" of a country is deeply, deeply flawed. The US can consume more than it produces because other countries invest the dollars they earn from trade in American assets. High demand for American assets is not a bad thing.