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Why do you think we're getting richer at their expense? They're getting richer by trading with us. I mean, it's not impossible to turn a profit from some develo
by horsemoney 8y ago
Why do you think we're getting richer at their expense? They're getting richer by trading with us. I mean, it's not impossible to turn a profit from some developing nation, but most of the value in the markets is from developed countries. You can only make so much money off of low-end cheap foreign labor.
- qaq 8y ago40% of US GDP is financial services by being the emitter of world's reserve currency we get very large set of unique economic benefits that precisely let us to "to get richer at their expense"