Quote:
Originally Posted by GGG
The sum of all financial inflows and outflow of a country balances to zero otherwise currencies adjust to make it zero. This is true across all trading partners not each specific one.
Toombes alludes to this affect
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That is double entry accounting since imports and exports result in corresponding capital outflows and inflows. It doesn't mean that you can dismiss trade deficits and surpluses, it's more about what you believe is optimal.
Your guy Tombe (I've never heard of him but he sure seems to know more about economics than I do) wants a stronger Canadian economy which he argues results in a trade deficit which then solves the problem with Trump.
So he says deregulate and stimulate. Of course he only has to write an article about it. Not figure out how to do it.