Comments by "Me andmi" (@629Justme) on "Trip Bitten" channel.

  1. One other thing is that hasn't gotten enough traction is that a trade imbalance isn't always a bad thing. Among the various " I make good chairs, you know how to knit socks " situations that create trade in the first place, America is also a consumerist society. With a consumer spending ability of 10 trillion more than second place China. Good or bad, this means that the United States will always buy more than they can make. A trade imbalance says we are richer than others, make more stuff for us.
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  2. Another truth is that according to the trade agreement that Trump himself created USMCA, "the greatest deal ever" he had to wait for another year+ to agree to change anything. He broke his own trade agreement and showed why many in the construction industry in NY dont do business with him anymore. In addition many dont understand that an unbalanced trade isn't necessarily bad. America is a rich country. Rich buys more than they make. They look for others to satisfy the need to consume. That consumption leads to importing more than they export. An unbalanced trade says that a person(country) goes to the store more than the store comes to them. China is the biggest store on the planet and America asked them to make more stuff for the consumers that Americans are. Now they are blaming the store that they went to. Wow.
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