What Trump Wants Part 2 - How Trade Deficits and Capital Flows Can Harm or Help Countries

How trade deficits are making the U.S. poorer, while in the past they have made the U.S. wealthier. Topics covered include:Two ways countries can increase their competitivenessHow savings always equals investmentWhy excess savings flows to the U.S. leading to a drop in U.S. domestic savingsWhy the U.S. current trade situation could lead to a debt crisis Episode Sponsors NetSuite  LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs Insiders Guide Email Newsletter Get our free Investors' Checklist when you sign up for the free Money for the Rest of Us email newsletter Our Premium Products Asset Camp Money for the Rest of Us Plus Show Notes Why U.S. Debt Must Continue to Rise by Michael Pettis—Carnegie Endowment Could Trump devalue the dollar with a "Mar-a-Lago Accord"? by Paul Diggle and Luke Bartholomew—Aberdeen Investments A User’s Guide to Restructuring the Global Trading System by Stephen Miran—Hudson Bay Capital Is Peter Navarro Wrong on Trade? by Michael Pettis—Carnegie Endowment Related Episodes 515: Tariffs and the Mar-a-Lago Accord: What Trump Really Wants 470: How the Economy Really Works: Savings, Investing, Consuming and Market Distortions 144: Trade Deficits Aren’t Always Bad. Trade Wars Are. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.