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I think the basic idea is that the economy has operated on credit since the 1970s, with both a budget and a trade deficit. The idea is that debt increases over
by yuhong 10y ago
I think the basic idea is that the economy has operated on credit since the 1970s, with both a budget and a trade deficit. The idea is that debt increases over time, and obviously they want to get as much as possible of the extra debt. That is why higher profit margins are good for the US economy.