There was no extrapolation on my part. It's a simple matter of fact that during times of economic booms, imports are at their highest and during times of economic recession, imports are at their lowest.GenSeneca, there are significant difficulties with using empirical statistics to extrapolate the effect of a specific type of factor upon a nations’ economies.
But only mine, right? Not yours?There is every reason to question which are the causes or the effects with regard to your opinions.
Here's a thought... Ask me to explain the cause and effect. You haven't done that, instead you've simply misrepresented my statements by claiming that I have reversed cause and effect. How do you know this without hearing my explanation?
Logical analysis? Based on Aristotle, or Kant? Using inductive or deductive reasoning? Can you present your argument in a logical equation?Regarding the relationships between trade deficits and GDPs, I have less confidence in your empirical statistics and more confidence in logical analysis.