3 ms·
Maybe that's happening because the US isn't competitive enough?
by ajmurmann 8y ago
Maybe that's happening because the US isn't competitive enough?
- defertoreptar 8y agoNot likely: https://en.m.wikipedia.org/wiki/Global_Competitiveness_Report https://en.m.wikipedia.org/wiki/Global_Competitiveness_Repor...
- dragonwriter 8y agoIt's happening because the US is very competitive as a place to invest capital. Trade deficit can be visualized as people in the US selling capital and using the proceeds to buy goods; the reality is more complex and has more intermediate steps, but that's the net effect.