libellule on 26 May 2011
| mrstickball said: *edit* I know Sam and others tried to explain trade balances and how they aren't an indication of wealth, so I won't go there. Just remember: The reason we're able to run such an insane trade balance is that during and after World War 2, we ran a surplus for ~40 years straight. That helped us grow and bring in a considerable amount of resources and wealth to surpass every other country. |
"surplus" ? when US exported a lot you mean ?
because if you look at the debt, it starts going up (being negative) since 1900 (with variations ofc) ... so this debt story is an ancient one and even during the "after war", USA (and others countries ofc) had a debt
Time to Work !
