smuggler, you said "deficit is simple......we import more then we export
australia has been a larger importer then exporter for decades
there is no silver bullet for this and again every first world country run deficits"
However, I think you will find that not all first world countries do run deficits. OZ and the US stand out in that regard but I think the Eurod as a general rule do not.
Check the back pages of the Economist.
Regards
