09-06-2018, 09:45 AM
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#7
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by tucker6
If it is such a good thing, why doesn't anyone else want to trade places with the USA on trade imbalances?
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The top ten countries with the largest trade deficits. Ours is the biggest because we have the largest economy. Are all these countries as bad off as the trade deficit Chicken Littles claim we are? How can the Chicken Littles in this country brag about how great the economy is but whine about what terrible shape we are in because of the trade deficit? Perhaps because of economic illiteracy about trade and the economy?
Quote:
1 United States 462,000 2017 EST.
2 United Kingdom 91,420 2017 EST.
3 Canada 55,570 2017 EST.
4 Turkey 38,950 2017 EST.
5 India 33,680 2017 EST.
6 Brazil 28,990 2017 EST.
7 France 28,920 2017 EST.
8 Algeria 22,870 2017 EST.
9 Argentina 22,130 2017 EST.
10 Australia 21,680 2017 EST.
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https://en.wikipedia.org/wiki/List_o...ccount_balance
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