Quote:
Originally posted by Liquor Dealer
We import a lot more than we export in dollars. The exporting of jobs is what has caused the biggest chunk of this deficit. There is no way a nation can export raw material and buy back the finished product made from them and keep a balance of trade. That could be stopped.
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Yeah, and guess what: the us governement is in massive debt to foreign (mostly european) countries. naturally, word rarely comes out with that information...