The Mudcat Café TM
Thread #165570   Message #3998498
Posted By: David Carter (UK)
30-Jun-19 - 06:30 AM
Thread Name: BS: Brexit #3: A futile gesture?
Subject: RE: BS: Brexit #3: A futile gesture?
Trump is one who fails to understand the point of trade, talking about "trade deficits". There is no such thing as a trade deficit, trade is always a two way process. And if money flows one way, lots of nice shiny goods flow the other. Western consumers benefit greatly from trade with China, painted as a deficit by Trump and other western politicians. We get lots of nice shiny products, and all we have to give them is money, which we have, and if we don't we can create.