lokaull
I think your looking at comparisons with your eyes closed.
America has a whopping big trade deficit. How on earth do you pay back debts with a massive trade deficit?
Dont you need a trade surplus in order to save and pay back debts? America dont have this anymore like back in the war days as they moved all the manufacturing overseas.
Its kind of like having a mortgage with no job, how do you pay it down when you have no income ?
