this post was submitted on 12 Jan 2025
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[–] Windex007@lemmy.world 4 points 35 minutes ago

A trade deficit isn't a subsidy.

If I sell spoons and you sell water, I'm going to buy more water from you thank you'll buy spoons from me.

I have an ongoing need to buy your water, your need for spoons is finite.

In no comprehension of trade is a deficit a subsidy.

[–] nyan@lemmy.cafe 7 points 8 hours ago* (last edited 8 hours ago)
[–] otter@lemmy.ca 20 points 16 hours ago

To those down voting:

CBC's About That series is excellent at doing a deep dive on an issue. It makes it easier to discuss the topics with other people

Trump is wrong, and it's helpful to know why

[–] xmunk@sh.itjust.works 24 points 19 hours ago

No, he isn't.

The US economy is a huge leech on the world.

[–] TheReturnOfPEB@reddthat.com 15 points 18 hours ago

That is like asking if the Kardashians were subsidizing the LA water supply.

[–] tofubl@discuss.tchncs.de 5 points 19 hours ago

Really starting to feel like 2025 is the year before subsidized time...