I actually had no idea that the trade deficit was close to $800 billion until hearing Trump's speech. Insanity!
I mean that total US ownership of foreign assets may be increasing at the same time as foreign ownership of US assets is incr
-
-
the net when you subtract these two should be negative, I agree. (foreign ownership of US increasing faster than inverse)
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
-
-
Yes, exactly. That's right. Only the net difference shows up as (part of) the current account.
-
so when we talk about the country being sold off (on net),is the current account deficit a more accurate measure of that than
-
the trade deficit?
End of conversation
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.