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Joined 2 years ago
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Cake day: July 8th, 2023

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  • Yes those are negative side effects of a trade deficit, just like it has positive effects, which the US has benefitted from for decades. Why is the USD currently so strong? Mainly because of your trade deficit. Dont try to frame it like there are only downsides.

    Sure, a transition to trade surplus is a valid possibility, but tarriffs wont accomplish that. They will create a few jobs, sure, but they definitely wont increase exports.

    I didnt say the Memorandum guaranteed military support. I said Trump suggesting that Ukraine give up the occupied territories is violating the sovereignity and borders part. Russia violated the agreement long before by attacking Ukraine, which would obviously draw sympathy to Ukraine as the attacked. I also didnt deny the US providing support. They provided about as much as the average country supporting Ukraine, which they are very thankful for, but its not that special. Ill dismiss the propaganda part, I think you know very well that its bullshit.


  • Where did you get the idea that they benefit more from trade than the US does? Thats complete bullshit propaganda. Why would that be the case? Name a single economic indication please, and stop with the “its a deficit, thats a negative word, so its bad for us” logic, read up on the words youre using before spouting nonsense. The US has been running trade deficits for decades, thats your business model! Its like if Amazon started saying “oh damn our warehouse inventory is getting smaller, lets fix it by selling less stuff!”

    Ive read the memorandum. It ays what you wrote and I didnt pretend otherwise. The US is currently not respecting Ukraines borders by offering part of the country to Russia. I dont see how thats so difficult to understand.


  • I was busy but I would still like to answer this because there is so much wrong with this comment. You seem to have no basic understanding of macro-economics so I will have to put it simply: trade deficits are NOT the same as a net negative spending balance. Just like national debt is NOT the same as a negative account balance. And most importantly both give no indication of how wealthy a country really is. It is much more complicated than that on national levels. The US is benefitting greatly from its trade deficits through the resulting capital account surplus, but you can read up on that if you actually care. Tarriffs wont “fix” a problem that doesnt exist. All they do is make stuff more expensive which is basically a tax raise. Regarding debt, its statistically more like the opposite. The countries with the most debt are almost exclusively among the wealthiest. Still, no real indication and the US is not exceptionally indebted (ranked 42 by debt-per-GDP).

    Regarding the war, the US has contributed 0.5% of its GDP, thats rank 17 on a list of 41 countries. The US is a huge country, you cant just compare absolute numbers. None of them asked anything in return either. Oh wait, either is wrong. The US and UK are the only countries that DID ask of Ukraine to sign the Budapest Memorandum in exchange for military support. Trump is literally violating it with his “peace suggestions”. How should any country respect the US after this if they wont keep their word in diplomatic agreements?

    I am very sorry for the terrible decisions your current government is making and it makes me really sad how people like you are being misled. You cant believe everything your news echochamber tells you just because it seems to make sense that negative numbers are bad.

    I wouldnt really care all that much if the US would simply self-destruct because of all their bullshit, but the peoblem is as soon as it will get really bad they will start waging wars all around the world to make up for it by trading resources for “peace”, because thats the only thing theyre actually good at. The whole world will suffer because of a huge baby with an even huger inferiority complex.



  • This is a joke right? Those things you listed, the current administration has done exactly nothing productive in those areas.

    Balance trade deficits by ensuring nobody will ever want to export to the US? Check
    End a war nobody wants by threatening the defending side and supporting the dictator aggressor side? Check
    Defending US borders against drugs from canada by doing absolutely nothing while Canada has been working on the problem for a long time which is already showing results? Check

    And not to forget that its already pretty much completed a fascist takeover of the government, but thats what 50% of the country voted for so you could call it the will of the people?

    Also what the fuck is short end of the stick supposed to mean? The US is by far the wealthiest country in the world and raking up wealth at the fastest rate by exploiting developing countries and their own population. Noone is getting the longer end of the stick than the US. That wealth is stuck at the top 0.1% so of course the average American doesnt feel it, but that wont change with tarriffs and oil deals. The rich will get richer and the poor will get poorer, just like the current administration is planning. By the time the working class finally unites because they are starving in the worlds richest country it will be too late, no chance to revolt against a class holding a million times their power.

    No offense but you should really get in touch with reality…