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They're only called trade "deficits" because the term was created by economists asserting the primacy of their own modeling over the real world. In terms of the
by mindslight 2y ago
They're only called trade "deficits" because the term was created by economists asserting the primacy of their own modeling over the real world. In terms of the real world, we're talking about trade surpluses, as in we're getting more stuff from other countries than we have to send to them. Any five year old can tell you that's a great deal. The destructionists think they are independent thinkers, yet they are actually still so thoroughly steeped in the system's propaganda that they're mixing the two and coming to some absolutely boneheaded conclusions.