Quote:
Originally Posted by Clocker
Trump and supporters take a very narrow view, looking at only one side of the accounts. A trade deficit, by definition, means a capital surplus. That means foreign investment flowing into this country, creating jobs in the areas we are good at.
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A trade deficit is an outflow of domestic currency to foreign markets. How you construe that to mean a capital influx into this country is beyond me. Our money being taken out of America doesn't require it to come back in the form of investment. Conversely, if there were a trade surplus, there would be an inflow of foreign currency into this country which would find its way more than likely into domestic investments.
Unless I read your post incorrectly, I think you have it backwards. No wonder we don't agree.
