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  • The U.S. Trade Deficit and the Dollar [View article]
    How about the hypothetical scenario- let us say this trade deficit continues till 2050, by then the non-US citizens or countries have accumulated 200 trillion dollars via trade imbalance, and the value of all US property (companies, real estate, crop land) is also $200T. They decide to just buy all and split the whole shbang into pieces, say the Japanese take CA, Chinese take NY, and so on...could that happen?? or will everyone start polishing their guns instead of bullions?
    Dec 22 10:03 am |Rating: 0 0 |Link to Comment
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