http://en.wikinews.org/wiki/US_trade_de ... arter_2005
I dunno enough economics to know how bad this is.
I dunno enough economics to know how bad this is.
Your place for discussion about RPGs, gaming, music, movies, anime, computers, sports, and any other stuff we care to talk about...
Whee. Are we heading down the road to "fucked"?
- Somehow, we still tolerate each other. Eventually this will be the only forum left.
I know that governmential budget and economic value aren't exactly the same thing, but I know this has got to be linked to the massive national debt we've collected. What's your opinion, Zeus?
Rosalina: But you didn't.
Robert: But I DON'T.
Rosalina: You sure that's right?
Robert: I was going to HAVE told you they'd come?
Rosalina: No.
Robert: The subjunctive?
Rosalina: That's not the subjunctive.
Robert: I don't think the syntax has been invented yet.
Rosalina: It would have had to have had been.
Robert: Had to have...had...been? That can't be right.
Robert: But I DON'T.
Rosalina: You sure that's right?
Robert: I was going to HAVE told you they'd come?
Rosalina: No.
Robert: The subjunctive?
Rosalina: That's not the subjunctive.
Robert: I don't think the syntax has been invented yet.
Rosalina: It would have had to have had been.
Robert: Had to have...had...been? That can't be right.
noooooo....trade deficit has nothing to do with national debt, at least directly.
national debt is how much money we owe other people. with a trade deficit, the money has already changed hands - it's the difference between how much we paid for imports this year and how much we sold in exports. to the best of my knowledge, it's actually in cold hard currency (well, as cold and hard as electronic bank accounts get, anyway), as opposed to the national debt, in which the u.s. gov't OWES people currency but has not yet paid them.
i sort of wonder whether they're very indirectly linked through dubble bubble's lack of financial responsibility, but that's not quite the same thing, and it's complete speculation on my part anyway.
national debt is how much money we owe other people. with a trade deficit, the money has already changed hands - it's the difference between how much we paid for imports this year and how much we sold in exports. to the best of my knowledge, it's actually in cold hard currency (well, as cold and hard as electronic bank accounts get, anyway), as opposed to the national debt, in which the u.s. gov't OWES people currency but has not yet paid them.
i sort of wonder whether they're very indirectly linked through dubble bubble's lack of financial responsibility, but that's not quite the same thing, and it's complete speculation on my part anyway.