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GenSeneca, what are you writing about? The USA suffers a significant proportional trade deficit with India. Refer to: http://www.census.gov/foreign-trade/balance/c5330.htmlYou do not accept what's based upon the accepted conventional GDP definition and formulas for GDP calculation, that leading to the conclusion of trade deficits being ALWAYS detrimental to their nations' GDPs.[As you pointed out, during periods of hyperinflation or hyper depression the values of goods expressed in the “erratic” currency are changing extremely fast.The balance of trade is thus changing too fast and can be determined only if it’s calculated using other than the erratic currency].The logical mathematical conclusion rather than a more subjective conclusion, (i.e. an opinion) is trade deficits are ALWAYS detrimental to their nation’s GDP.You reject that conclusion. There’s no reason to discuss any additional fallacies or contradictions within the remainder of your message because you’re absolutely satisfied with our seeking pure free trade.Respectfully, Supposn
GenSeneca, what are you writing about? The USA suffers a significant proportional trade deficit with India. Refer to:
http://www.census.gov/foreign-trade/balance/c5330.html
You do not accept what's based upon the accepted conventional GDP definition and formulas for GDP calculation, that leading to the conclusion of trade deficits being ALWAYS detrimental to their nations' GDPs.
[As you pointed out, during periods of hyperinflation or hyper depression the values of goods expressed in the “erratic” currency are changing extremely fast.
The balance of trade is thus changing too fast and can be determined only if it’s calculated using other than the erratic currency].
The logical mathematical conclusion rather than a more subjective conclusion, (i.e. an opinion) is trade deficits are ALWAYS detrimental to their nation’s GDP.
You reject that conclusion. There’s no reason to discuss any additional fallacies or contradictions within the remainder of your message because you’re absolutely satisfied with our seeking pure free trade.
Respectfully, Supposn