In 2024, the U.S. ran a trade deficit with Canada of about $55 billion. That same year, it ran a deficit with Vietnam of about $123 billion, more than twice as much, and with Thailand of about $46 billion
Definition of trade deficit: someone accepted more of your made-up money (AKA, credit-backed fiat) in exchange for actual goods and services.
…and your leaders make you believe that’s somehow bad for you 🙄
Definition of trade deficit: someone accepted more of your made-up money (AKA, credit-backed fiat) in exchange for actual goods and services.
…and your leaders make you believe that’s somehow bad for you 🙄