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I see the bar graph as saying the US is exporting not much but...

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Iwonder

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09/07/20

20:06

Post #: 45762270
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Originally posted by madamswer: ↑

In fact, if one was to list national economies that are likely to be least impacted by the Covid crisis, the US will rank very close to the top of that list.

Because, as a % of its GDP, the US is one of the least involved economies in the relation to the rest of the world (see graphic below), and has the unique dual characteristics of a young demographic (i.e., a strong internal consumption driver), as well as a deep capital reservoir as well as ready access to global capital markets (for investment in infrastructure).

View attachment 2293506

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I see the bar graph as saying the US is exporting not much but importing lots.
What a sad place to be.
It is no wonder they are wanting US companies to return to their shores because the US, apart from their military spending funded by fake fiat money is a loser economy.
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