Quote:
Originally Posted by dyna mo
IMO, it's overblown Jim. US trade balance has changed very little since the early 90s.
Moreover, running a neg trade balance is not necessarily bad either. Heck, a positive trade balance could very bad, and has proven so before. And a neg balance can be good, like canada runs a trade imbalance and in return their standard of living is higher.
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It's not the gremlin that people pretend that it is and you are correct - it depends on the situation, the economy and the timing. That doesn't change anything, though. In the end, you
can't do it - unless you are the global reserve currency.