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aerotwelve | 11 months ago

The premise of the formula is flawed. There is nothing inherently unfair about a trade deficit between two countries. There's not necessarily anything nefarious going on if the United States doesn't buy the same amount of goods from Botswana as they might purchase from the United States within any particular year.

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rayiner|11 months ago

But why should there be a structural, long-term deficit between big diversified economies like the U.S. versus EU?

Marsymars|11 months ago

I mean, if me and my neighbour both print currency on our home laser printers and buy goods from each other, am I being taken advantage of when I end up with more goods and he ends up with more paper?