Post #44931 by AlphaWolf on the US Policy board

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BHM writes:
So trade deficits should be allowed to continue into infinity because "fairness" guarantees permanent subsidies to all counties who have long depended on a reliable slice of US wealth ЕЕ

OK, I know I can be a wise guy, but I have a serious question.

Given that the U.S. has more wealth than every other country on our planet, how can we mathematically not have a trade deficit unless we decide to spend less, which will greatly reduce our standard of living?

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