Email a copy of 'Why Trade Deficits Matter, by Lyn Alden' to a friend
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Great article.
I went to her website and I will be going back. She has some great info on finance and health.
Great, really appreciate the article . Have been looking for a way to understand international finance and trade and this is it. Written in a format that even a deplorable can understand.
Well presented explanation of trade, ownership, and the flow of funds. There are serious national security implications to the deficits and their effects that aren’t discussed enough in the US.
I read somewhere that raising the national savings rate by something like 2% would eliminate the trade deficits. I haven’t done the math to confirm. The author of this statement didn’t answer the big problem with the solution, how to make it happen.