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So, what about the trade deficit? : Comments
By John Nightingale, published 7/4/2005John Nightingale explains the balance of trade and the current account deficit.
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Posted by RobertG, Tuesday, 12 April 2005 1:05:43 PM
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Congratulations on a lucid discussion.
One point - I understand that national debts have been repudiated in the past. This has the same effect (as going bankrupt) on creditor nations.