In some ways I find the idea of a trade deficit laughable. No body gives you something for nothing so what is the US exporting? Are we undervaluing the good we produce, or over valuing the junk we import which leads to an "apparent" deficit which is not real, or are we exporting something intangible like "security". Is the world getting good value?
United Stated Exports
- Thread starter SerriaFox
- Start date
wilycoyote
King
What? Since I don't understand your question, perhaps this isn't relevant. The US imports (goods and services) more than it exports. It buys more than it sells. Since there is money, credit, etc. a trade deficit can exist. The world doesn't barter.
Rashiminos
Fool Prophet
One of our prime exports is commercial paper.
More seriously:
http://www.census.gov/foreign-trade/Press-Release/current_press_release/exh7.txt
More seriously:
http://www.census.gov/foreign-trade/Press-Release/current_press_release/exh7.txt
Aleksey_aka_al
Smiley
Freedom, peace and democracy, of course!
amadeus
Bishop of Bio-Dome
There's no trade deficitwe export $1 for every $1 of goods we import.
wilycoyote
King
And Russian election riots and stealth drones to Iran!
Aleksey_aka_al
Smiley
Right, the main organization agitating for riots (GOLOS) is sponsored by the U.S.
Sorry, I have no more time now, gonna hurry to buy my portion of democracy before it's all sold.
Don't forgot the depleted uranium, thrown in at no extra charge
You miss the meaning of trade deficit, which is not really about trade, but the movement of financial capital required to facilitate that trade. For every dollar you import you have to sned overseas a dollar. For every dollar you export, a dollar gets brought back into the country. Over time if exports are significantly less you will have less capital to spend. Of course it is far more complicated than that simple description.
amadeus
Bishop of Bio-Dome
As I've posted here before, I'm running really one-sided trade deficits with the gas station and Wal-Mart.
Are they still selling Duma seats?
Aleksey_aka_al
Smiley
They sell cakes at discount for participating in protests and the places in the crowd near the next FEMEN show.
They buy US Treasury bonds. It gives them a warm feeling.
Verbose
Deity
And in the real world GOLOS (vote) is the only independent institute for monitoring elections in Russia.
It would be happy to take funding from the Russian federal government. There's a snag. The Russian federal government doesn't want to pay for an actually independent institute.
Frankly Aleksey, you must be in Putin's pocket already.
Verbose
Deity
Well, it extends credit to the US. You're paying interest, so yes, they are likely getting good value.
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