Economists, is this trade balance analysis correct?
Economists, is this trade balance analysis correct?
41 comments
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It's funny you can pretty easily identify the different presidencies in the chart without looking at the years
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What do you mean? I don’t think I see them? I do see Covid and 2008 financial crisis, but that’s about it.
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COVID, sure. What's the mark then?
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I’m thinking the 2022 mark is Ukraine. Middle of Biden’s term. But the US shipped weapons as gifts.
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But the US shipped weapons as gifts.
The weapons are under the Lend-Lease Act so not gifts. And we're selling weapons like hotcakes thanks to the invasion (ie. making money.)
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41 comments