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re: October trade data in: biggest monthly trade deficit in over 10 years
Posted on 12/6/18 at 9:45 am to AbuTheMonkey
Posted on 12/6/18 at 9:45 am to AbuTheMonkey
quote:
People have this strange - and demonstrably wrong - zero-sum idea that trade deficits are inherently a bad thing.
The way trade deficits are currently calculated makes them pretty useless, anyway.
Right.
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