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> Foreign startups still come to the US for capital. Not only that, but foreign capital also flows to the U.S. for higher returns. This is why all the scare-m
by zozbot234 2y ago
> Foreign startups still come to the US for capital.
Not only that, but foreign capital also flows to the U.S. for higher returns. This is why all the scare-mongering about the trade deficit is yet more economic illiteracy. Every trade deficit is really an investment surplus, and the kind of investment surplus the U.S. is running can be surprisingly beneficial in the longer run.