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> i.e. there can be a price tag on military and political power And what about services the US provides? Google and Microsoft are some of the biggest companies
by jillyboel 2y ago
> i.e. there can be a price tag on military and political power
And what about services the US provides? Google and Microsoft are some of the biggest companies and bring a ton of money to the US, but this doesn't seem to be included in the calculation because they don't sell physical goods.
- ivan_gammel 2y ago> bring a ton of money to the US Are they? Or do they keep their profits overseas?
- jillyboel 2y agoJust ask all the techbros on HN who earn shitloads more than what's possible in other countries
- ivan_gammel 2y agoAccording to Economist: Trade deficit in physical goods: $1.2T Total services exports, including finance and IT: $1.1T Trade surplus in services: $295B (just 25% of what is needed)