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If the government has a balanced budget, _and_ there is a trade deficit, then the private sector must be losing money -- otherwise, where is the money that is b
by jcarreiro 15y ago
If the government has a balanced budget, _and_ there is a trade deficit, then the private sector must be losing money -- otherwise, where is the money that is being transferred to the external sector coming from?
- lhnn 15y agoAs a note, this reply makes clear an assumption you made in your original post: That we have a trade deficit. I now understand.