cross-posted from: https://lemm.ee/post/54805138
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- 1 year
In 2024, the U.S. ran a trade deficit with Canada of about $55 billion. That same year, it ran a deficit with Vietnam of about $123 billion, more than twice as much, and with Thailand of about $46 billion
Definition of trade deficit: someone accepted more of your made-up money (AKA, credit-backed fiat) in exchange for actual goods and services.
…and your leaders make you believe that’s somehow bad for you 🙄
- TranquilTurbulence@lemmy.zipEnglish1 year
Keep up the good work, Trump! Soon you’ll unlock the coveted “economic disaster” achievement. Once that happens, you better start printing dollars, because Hungary still holds the record of 4.10*10^16 % inflation rate.