That is literally an example of household debt and irresponsible fiscal behavior. The trade deficit is based on many things. But ultimately the asymmetric purc

That is literally an example of household debt and irresponsible fiscal behavior. The trade deficit is based on many things. But ultimately the asymmetric purchasing power of one side leads to a higher deficit. If that purchasing power is drastically increased via irresponsible debt, you are creating an imbalance.