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alex Lo
South China Morning Post
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Comments by "alex Lo" (@alexlo7708) on "An unwinnable conflict? The US-China trade war, 5 years on" video.
Actually American does not have trade deficit. Because the sly American does not bring service balance value and hidden Fund transfer into calculation. Moreover many American business transfer dollar are hided in others countries as a native goods from those countries instead of America, For example when you buy Nike sport shoes from Vietnam , all accountants will ledger it in as Vietnam's profit. Because they don't know that of the ledger they've footnoted 80% $ went to America and only 20% are of Vietnam. The same goes to other products such Iphone. When you buy Iphone , all silly guys will footnote their ledger as China's export for all its value. I still don't mention American hidden govt funds are routinely borrow printing dollar from their national bank FED and use this unlimited printing dollar in speculate and jerking world's commodities making 100% profit as it wished , stompt on world people's shoulder.
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