Diamond News

HTTP/2 200 content-type: text/html; charset=utf-8 server: nginx/1.15.6 x-powered-by: Express x-podname: web-64f98b89fc-85hmm surrogate-key: channel-mishtalk room-mishtalk-economics conversation-NwrKDxyIzkuE8F-et85-NQ maven surrogate-control: max-age=1200, stale-while-revalidate=1200, stale-if-error=86400 etag: W/"7def1-0Q+HeUKPDwclmUjmdUpaHRDfZTc" vary: x-ua-device expires: Mon, 18 Mar 2019 20:00:10 GMT cache-control: max-age=0, no-cache, no-store pragma: no-cache date: Mon, 18 Mar 2019 20:00:10 GMT set-cookie: AWSALB=A7onC/Axbpx2aP8M1dIZa2Qy6vb7vr98PE3jwq//6C1BLLTTrxktdn3+vZlUIwh2e7V4GpnuZZk9PD2NCglAINu6oTsr0ortngKSgISZI0bP71yIqbH9xJuXOVoc; Expires=Mon, 25 Mar 2019 20:00:10 GMT; Path=/ set-cookie: g100=88; Max-Age=31536000; Path=/; Expires=Tue, 17 Mar 2020 20:00:10 GMT set-cookie: deviceId=EaDyThrJT0-siM5-iBy8og; Max-Age=31536000; Path=/; Expires=Tue, 17 Mar 2020 20:00:10 GMT

Mission Impossible: Tariffs Didn't Reduce the Trade Deficit (Deals Won't Either) - Mish Talk

To fully understand Trump's trade dilemma, consider the following chart.

Trump's Current Account and Trade Deficit Problem in One Picture

Government Saving + Private Saving = Exports - Imports

The identity is not debatable, but it is misunderstood.

Exports and imports are not just about trade. One must factor in capital, thus my annotation about foreign direct investment.

For the government "saving" component, pencil in deficits in excess of $1 trillion dollars for five years.

Projected Deficits vs Projected Increase in Debt...

Read more from our friends at Gold & Silver

Pin It

Diamond Buyers Club

twitter facebook 

Follow us on Twitter and Facebook

Contact Us

+1 (832) 736-2772

PO Box 5613 
Katy, TX, USA