• jarfil@beehaw.org
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    20 hours ago

    In 2024, the U.S. ran a trade deficit with Canada of about $55 billion. That same year, it ran a deficit with Vietnam of about $123 billion, more than twice as much, and with Thailand of about $46 billion

    Definition of trade deficit: someone accepted more of your made-up money (AKA, credit-backed fiat) in exchange for actual goods and services.

    …and your leaders make you believe that’s somehow bad for you 🙄