Trade Deficit = America Losing?

Fat retard country fat retard president

I bought very expensive American product but America didn't buy anything from me. I was robbed!

This is the most economically retarded meme I have ever seen. It's not about the money, or the stuff - It's about capital flow, trade barriers that aren't "muh tariff", and currency manipulation. The fact that you think it's about buying something like a pizza shows how retarded all of you are.

What the hell is then?
I haven't heard one of these idiots or anyone, for that matter, explain what a trade deficit really is.

Typical retarded burger. Not getting it as usual.

It's about capital flow, trade barriers that aren't "muh tariff", and currency manipulation

I see the bots have gotten their latest update

If I spend more money buying shit from you than you spend buying shit from me, the difference is my trade deficit

so when the US buys a bunch of cheap shit and resources from poor countries like Vietnam, of course Vietnam isn't able to spend the same amount of money buying expensive shit from the US

Which in magaspeak means vietnam is being mean and cheating

So the solution is putting a 50% tariff on your dominos pizza so it gets more expensive the next time you buy it

Americans can't fathom this concept.

nafo cucks are seething

thats completely irrelevant. hes forcing them to spend a certain amount of money on the us instead of elsewhere. youre not wrong but thats besides the point. the point is they have to buy some of the expensive stuff. money has to come back.

You didn't respond to the actual substance of what I said, which means you don't understand it

I politely suggested you missed the point.

I buy a $20 pizza from dominos, I now have $20 trade deficit with them, if I sell the dominos delivery boy my yugi-oh card for $15, the trade deficit is down to $5

the notion that countries should not have bilateral trade deficits is fucking retarded, but then again, so is donald trump

t's about capital flow, trade barriers that aren't "muh tariff", and currency manipulation

can you explain that in your own words instead of parroting miga words 1:1?

bilateral trade deficits

There is no point. You're seething retards who don't even have the decency to do surface level research or think for even a second about the shit you seethe about.

You buy a Domino's Pizza for $12, but it only costs dominos $8 to make the pizza with all the ingredients and labor cost. You now have a $4 trade deficit that dominos makes in profit.

How does the Trump tariffs solve this unfair exchange, you might ask? Well they make you pay an extra $3 in taxes, making the pizza $15 so you're now encouraged to make your own Domino's Pizza at home instead

But as it turns out buying all the separate ingredients and the labor cost that you yourself have to put in, without the large scale production of dominos, your pizza cost $13 to make. Still cheaper than with the new tariffs, but still more expensive than the pre-tariff $12 pizza.

education.cfr.org/learn/reading/what-trade-deficit-means#:~:text=Bilateral trade deficits (between two,countries have certain comparative advantages.

P.S. lol

You're seething retards who don't even have the decency to do surface level research

Not a bot. The US needs to make its own stuff again. The Unipolar moment is over. The system that allowed Denmark to have a trade surplus with the US is over and was going to be over regardless of the tariffs. This is expediting it. Why should we buy from you or anyone else when we can make the stuff here? For years I have heard Eu niggers shit on America for being over indulgent and over-consuming. Now that we ar ein a position to not do that, you would think you would be happy. lol

Setbacks are temporary, American opps butthurt is permanent.

You want the Chinese investors to invest into the Dominoes stock and the banks hire Americans to manage the funds, gather insight as to how Dominies operates, and ultimately have Americans working at Dominies making and selling pizzas. In return, China makes the delivery bags, India makes the utensils, Canada makes the boxes and disposable plates, and Japan makes the delivery car. Americans and Trump are so stupid

You now have a $4 trade deficit that dominos makes in profit.

No retards.
You're a baker in a small town. You buy pizza from the pizza place. The pizza employees use that money in the town and it eventually gets used to buy bread you made.
If you buy pizza from another country that doesn't buy anything from your country the money never gets back to you.

cfr

That's globohomo propaganda written specifically to confuse retards like you. A trade deficit with a country is just a deficit, there's nothing "bilateral" about it, it's one sided, an imbalance.

No seethe here. I'm having fun watching the USA self delete.

You have offered no explanation or response to what I said, you just made a snide comment about my intelligence. One of the reasons I have become an isolationist in every way is because the European attitude towards me and my countrymen. Fuck Europe. My earnest desire is that we pull out of NATO, tariff the fuck out of the EU and when you people inevitably start killing each other again, we do nothing. Our biggest mistake was helping you all during ww2. We would not be in this mess if we had not done that.

As imperfect as we are, we do not need you. At all. The United States of America from 1787 through 1913 had no income tax (brief income tax ruled unconstitutional during civil war). From 1787 through the beginning of the progressive era, there was almost no inflation at all. A few spikes around the war of 1812 and the civil war. It wasn't until the income tax was instituted, along with the Federal Reserve, that we started to have more than a 2% increase in inflation every year. How did we raise money before then? Tariffs and excise taxes on things like tobacco and alcohol. Occasionally the sale of public land.

All this horseshit you are hearing about tariffs are taxes and it can't be done is bullshit. Demonstrable bullshit.

lel our main exports are exempted from the tariffs anyway because you fatsos need our meds (p.s. take your meds)

meanwhile your main export to denmark is fucking petroleum, being the banana republic that you are

holy fuck this tard doesn't understand the word "bilateral".

You demonstrably are. You can't even pretend you have the slightest hint of a clue about the subject you're yapping about.

I got a better analogy

have smartphone

get deals on app at mcdonalds 50% off

boomers who walk in or drive thru just pay full price because they hate technology

Same when you do your job. He keeps giving you money that sucker. And all you do is waste 40 years of your life doing it. Lol what a sucker your boss is for giving you a trade surplus

no argument

no argument

no argument

no argument

external link

Jej

If you buy pizza from another country that doesn't buy anything from your country the money never gets back to you.

This anon gets it
What's even worse, in the case of the EU, we then turn around and pay a huge chunk of your defense. So we spend money to trade with you and then spend more money to defend you while there is no relative ROI

Trade Deficit = America Losing?

Yeah, and I have a trade deficit to the grocery store and they're ripping me off!

Think of it this way

Countries sell shit dirt cheap to USA

USA turns dirt cheap shit into expensive shit and sells it to its own people

Imagine Africa sending in slop ingredients then America turning it into big macs

bilateral

two sided

In your globohomo propaganda it's used to refer to any imbalance between two countries, the word is chosen to confuse retards like you and imply both benefit which even the propaganda then later subtly admits is only true for the US as long as foreign countries accept an endless supply of newly printed dollars because they're forced to through military threats.

tl;dr This is like taking to a toddler. OP's was making a comment on a justification being used to support the tariffs. And it is a retarded one.

He's just fucking dumb, which is why half of America can relate to him.

OP's was making a comment on a justification being used to support the tariffs.

OP made up a braindead story that has nothing to do with trade deficits. There is no point. You're not part of any discussion. Just the dumbest imaginable media golems yapping away about your own retarded fantasy stories.

wtf why didn't you post an argument against a post that literally just said ">bilateral trade deficits"

you can't just link a site explaining that it is in fact a meaningful term

why are they like this

buy $100 of steel from mexico

use it to sell $300 of steel tools to canada

waaaah mexico is cheating us :((((

Yes, and why should we buy medicine from you when we can make it ourselves. And, Denmark has plenty of energy, so why should you get it from us? You were occupied by National Socialists in WW2, then during the Cold war, you went and adopted Socialism. I hate Nords only a little less than I hate the British. Defend yourselves next time.

>buy $100 of steel from mexico

>use it to sell $300 of steel tools to canada

>waaaah mexico is cheating us :((((

This would result in a positive overall trade balance which is not the case so again you're just making up braindead stories while desperately avoiding engaging with anything actually happening.

A better analogy is Domino’s giving you pizza for some paper you print at home.

And if Domino's doesn't like it, the CEO of Domino's gets a knife up the asshole and terrorists take over Domino's.

you can't just argue your own point

a trade deficit would only matter if we were on a gold standard, I guess.

which is why we're talking about bilateral trade balances you dumb fuck, which was what the tariffs were calculated on the basis of

in that scenario mexico would be tariffed because they were cheating the US out of money by.. selling them shit.

But most Europeans are anything but stupid, they'll find ways to make their pizzas faster and cheaper, if they're making them often.
And after a while, they'll be able to make that pizza for $12. And since they're buying ingredients from their neighbors, they can sell those pizza to their neighbors for $13. Pretty soon, everyone is buying $13 pizzas, and the pizza maker is buying even more efficient ovens...
There is an end point, but this is a country, not an economic exercise. We must have the capacities ourselves, or we're shortly subject, if only to disaster, like COVID.

put sage in name field

go back lol

A trade deficit is the reason America is the nUmber 1 country in the world because American buy worthless shit on fucking CREDIT ALL THE FUCKING TIME

Vietnam for example
Veitnam is a second wolrd country where a huge chunk of textiles are made for.
The people there get what 2 dollars per hour?
What can Vietnam buy from the US if (((Big cooperation))) payxs their workers 13 dollars per hour but calculates 50 dollars?
There is no way Vietnam is going to buy shit from the US in the same quantity because they are unable too

And the vietnamese jobs will never ever go back to the US

a trade deficit would only matter if we were on a gold standard, I guess.

If we were on a gold standard there wouldn't be a deficit.

still no argument

Your biggest trading partner is China. You are supplying the people who will one day invade you lol. And, I hope they do and we do nothing lol.

it is in fact a meaningful term

It is not.

the notion that countries should not have bilateral trade deficits is fucking retarded

What does the "bilateral" qualifier signify in this context? The only reason to add it is to imply the deficit is somehow balanced, mutual, two-sided when the definition of a deficit is an imbalance.
You can get away with a deficit with one country if you make up for it by exporting more than you import to another but you would still want to avoid any deficit if you can.
This is all beside the fact that you want your own people to know how to make pizzas instead of relying on fragile global trade networks that make everyone into incompetent retards.

You buy a Domino's Pizza for $12, but it only costs dominos $8 to make the pizza with all the ingredients and labor cost. You now have a $4 trade deficit that dominos makes in profit.

That isn't a trade deficit, retard.

And, I hope they do and we do nothing lol.

NGL. would be pretty cash. Australians are discount Brits, and Brits are the biggest faggots in the universe.

What does the "bilateral" qualifier signify in this context?

How about the fact that the tariffs were determined based on bilateral trade deficits you dumb fuck, not the overall US trade deficit

god you people are such useless pieces of shit it's INSANE how you just refuse to learn

Goddamn you're proper stupid

in that scenario

In your deranged fantasies that have nothing to do with reality.
The countries with a high imbalance have an economic environment like cheap currency and cheap labour which means globalist corporations could use those countries to manufacture for the US market instead of doing it in the US. All the different tricks other countries use to create such an environment can be countered with tariffs, the greater the deficit the higher the tariffs.

Nothing is perfect. The question isn't

have we made the best profit at every point

because that ignores that the intents to outcomes of government aren't only cash.
And cherry-pick is nice, but doesn't answer to places like Germany who choose to deindustrialize.
If you're dumb enough to think the US doesn't understand these things cost us more in the short (and very possibly long) term, then you're too dumb to be here.
Yes, efficiency of scale sounds wonderful. Then you read Roman history. COVID should have been enough. It's likely gonna be cyclic in certain industry because, yeah, there's gonna be stuff we don't have scale to do well, period, no matter who else could make it.
And we'll be called regressive and stupid by our kids, and those who don't like it. And there's an off chance they'll both be right.

The reason you give Dominos the $4 profit is so that you can spend that time and energy doing something better with your life instead of making fucking pizzas all day, you absolute retards.

I'm going to start to leave the office an hour early so I can start up the oven at home, what do you mean I'm losing out on a $30/hour, I'm saving a whole 2 buckaroos at home. That just comes out as -$840 at the end of the month.

You deserve this.

>buy $100 of steel from mexico

>use it to sell $300 of steel tools to canada

>waaaah mexico is cheating us :((((

you're a dumb fucking nigger. that isn't happening. We should charge both Mexico and Canada out the ass for existing in our proximity.

don't try to make sense of it. drumpf killed America and musk is raping its corpse

What the hell is then?

Difference between exports and imports to another country. That's literally it.
If you buy a lot from a country (import) but don't sell much to them, then you have a trade deficit with them.
The retardation comes into the spotlight when you realise that rich countries import shit because it's cheaper to buy it from poor countries, so literally any rich country will have trade deficits with poor countries by default.

Again your braindead post has nothing to do with anything I said or trade deficits. In my example I paid someone local for pizza meaning the money I paid stays in the local economy. If I order the pizza from Sweden the wealth gets circulated in Sweden instead of my small town, unless Swedecucks also tend to buy shit from my town to the same degree that my town orders Swedish pizza for some reason.

The trade deficit is America using US dollars, which it can print to its heart's content at almost no cost, to trade for actual goods and resources produced by other countries with their sweat labor.

They get those USD not to trade for anything from America, but to trade with others, like buying oil from Arabs, which is why people call it petrodollars. This is basically a Ponzi scheme with the US being the biggest beneficiary.

Americans, although they are only 5% of the world's population, consume 25% of the world's resources.

Since 70s, American capitalists have not only allowed but actively encouraged China to become the world's factory. This is by design. They get to extract actual resources with financial means. Exchange actual goods with nothing but number.

kek why are you mutts are so angry at the rest of the word all of a sudden?

US dollars, which it can print to its heart's content at almost no cost,

no cost

Shalom!

Now take that logic a little further. What happens if you spend more money at Domino's than you make at your job?

Which makes the poorer countries richer over time at the expense of economic growth in the rich country. When the deficit is small compared to total economic growth this can be justified. Burgerland has a deficit of around 2% of GDP meaning a 2% GDP growth is basically cancelled out by their deficit. 600 billion a year is lost to other countries, real wealth lost not just paper like when stonks go down.

kek why are you mutts are so angry at the rest of the word all of a sudden?

It's just impotent rage. Everyone is angry because life sucks and is getting worse and Trump has convinced every retard on the right that it's our allies fault.

sees non-us flag post this thread over and over and over for 2 months straight

gee why does the US hate the rest of the world

They're not sending their best

Which makes the poorer countries richer over time at the expense of economic growth in the rich country.

Trade is not a zero sum game retarded migratord. The alternative is you working in a factory from 5 to 22 for less than minimum wage.

I hope it works out for your country.

Canada is full of cunts that get nation defense for free. Mexico just shits up everywhere with Mexicans.

What happens if you spend more money at Domino's than you make at your job?

You make monthly payments to DoorDash?

Isn't the grocery store gouging everyone?

we should all tariff the grocery store, because of our long running trade deficit.

So then, shouldn't the world be happy that Trump is ending it? What's with all the pouting and claiming they're going to retaliate?

It cost nothing to type a number

Isn't the grocery store gouging everyone?

The money factory certainly is. I don't have a job there, and I don't get the money for free, so I am not buying cars from Europe. That's the part these drooling retards don't get.

we should all tariff the grocery store

we should hang niggers like you from a lamp post

It cost nothing to type a number

think a little harder about that, and get back to me.

When Republicans took away Democrats access to slave labor on their farms that was one then, but if Republicans think they can take our overseas slave labor then we might have another civil war. It's the only way you can stop Democrats from profiting off slaves.

Still forced and gay. Always forced and gay.

Sorry you're just now noticing it. Europe and their nigger tier prison cousins have been hating on and talking shit to the US for a long time now. Constantly telling us how much better you do it with all the hubris of the slightly less than capable of running the world, all while cozying up to our enemies. We were patient about it but that patience has run out. Yup, you're right. America and Amerimutts suck. We are terrible horrible people. The post World War 2 era is over now. Good luck out there.

Yeah, but since you can't fucking read. I always mentioned Dominos, a large corporation who outside the fact that they have a location in your dog shit town don't actually put any of its profits back into the community.

My post was always about the fact that thanks to tariffs, at the end of the day you, the consumer and in the long run the economy as a whole will get fucked over in one way or another because now you will now have to either make the pizzas yourself losing out on time and energy or pay more than you did before. It's why large sweeping tariffs are just as retarded of a policy 100 years ago as it is now

great post you stupid fucking ape

All you ever say is I'm just supposed to accept your braindead globohomo propaganda, trust the "experts" like the fucking CFR and stop thinking. Trade is not inherently zero sum but in practice this imbalance is mostly from finished goods not material that's used to add value like how Iceland imports aluminum precursors and smelts it into finished aluminum using cheap energy. The US is resource rich so they have no reason to maintain this huge deficit except they've grown comfortable with the idea of being a nation of incompetent consumers that add no value by exploiting a military hegemony that's collapsing because they can't make anything including war.
Generally like the EU they're brainwashed retarded women who want to maintain the status quo and keep trading coal scrip for scraps. They have no thought process except "i got shiny iphone so this is good". Except China and Russia who have actual plans for growing their own power as the US grows into more and more complacent incompetent consumers.

you will now have to either make the pizzas yourself losing out on time and energy or pay more than you did before

People.. having jobs, what a tragedy. We already do this btw which is why McDonalds closed down and a local made an imitation McDonalds with all the money going back into the economy. Food is expensive but wages are high and leftist retards in burgerland point at us as an example to follow, with our extremely high tariffs.

icelander seething about trade deficits and an import based economy

Is the average IQ on this board 40? Holy kek

which means globalist corporations could use those countries to manufacture for the US market instead of doing it in the US

Look up what an Autarky is and why economists consider it a retarded system. Not every industry in the US can be scaled on US soil. And if it can be scaled it's going to take decades until local manufacturing will be able to meet demands that are currently satisfied by international manufacturing. The whole point of trade is that you get access to the manufacturing capabilities of other countries that you can't satisfy, or don't want to satisfy, on your own.

If I go to the local supermarket and buy tomatoes, then I'm not getting scammed by big tomato because I could have grown them in my own garden. Growing tomatoes consistently for regular consumption requires time, effort and a certain degree of expertise. What if I want to drink milk? Get myself my own fucking cow? Oh, I want to eat bread? How about I buy myself some land to grow wheat on. Then reap everything myself and put it in a grinder. I guess I have to become a fucking full-time farmer now to not be in a trade deficit with my local supermarket.

What if I buy a mobile phone? Have to set up my own mine to get rare earth minerals and then synthesize everything in my own lab, then engrave my own circuitry with my own software? Oh shit what about my own sim card? If I use someone else's satellite I'm going to be in a trade deficit with my provider. Need to build my own satellites first to be entirely self-sufficient. Guess I need to develop my own space program now.

Anyone that thinks they're getting scammed by being in a trade deficit with another party is a low IQ subhuman troglodyte.

No, it's people having bad jobs, jobs that Americans managed to off-load on poor nations that nobody except the desperate wants to do for little recompense. Sitting in a steaming factory making plastic widgets while you're exposed to carcinogenic material for $3/hour. What a blessing this will be for the 4% unemployed.

You're Icelandic dude, your GDP is lower than fucking Palestine and propbably with a far more inbreed population. I agree that if any leftist point to you as a good example, they are indeed massive fucking retards.

People.. having jobs, what a tragedy.

The US doesn't have enough workers to fill jobs that provide everything the US is getting through trade. There are currently 6.8 million people in the US that are unemployed. Even if you put all of them to work on things that the US currently doesn't produce you wouldn't be able to match the output of countries that the US currently has a trade deficit with. And that is ignoring the US' local manufacturing capabilities and just assuming that these 6.8 million people could be educated to do those jobs.

I guess the US should just open up their borders and let immigrants flow in freely so they get enough workers to satisfy demands instead of letting them stay in their own countries so they can produce goods that the US will just trade for. Didn't know Anon Babble was pro-immigration.

I hate bailing out Vietnamese kids again who are making my nike shoes for 1 dollar a week