Money For the Rest of Us

What Trump Wants Part 2 - How Trade Deficits and Capital Flows Can Harm or Help Countries

Podcast: Play in new window | Download

How trade deficits are making the U.S. poorer, while in the past they have made the U.S. wealthier.

Topics covered include:

• Two ways countries can increase their competitiveness
• How savings always equals investment
• Why excess savings flows to the U.S. leading to a drop in U.S. domestic savings
• Why the U.S. current trade situation could lead to a debt crisis

Episode Sponsors

NetSuite 

LinkedIn Jobs – Use this link to post your job for free on LinkedIn Jobs

Insiders Guide Email Newsletter

Get our free Investors’ Checklist when you sign up for the free Money for the Rest of Us email newsletter

Our Premium Products

Asset Camp

Money for the Rest of Us Plus

Show Notes

Why U.S. Debt Must Continue to Rise by Michael Pettis—Carnegie Endowment

Could Trump devalue the dollar with a “Mar-a-Lago Accord”? by Paul Diggle and Luke Bartholomew—Aberdeen Investments

A User’s Guide to Restructuring the Global Trading System by Stephen Miran—Hudson Bay Capital

Is Peter Navarro Wrong on Trade? by Michael Pettis—Carnegie Endowment

Related Episodes

515: Tariffs and the Mar-a-Lago Accord: What Trump Really Wants

470: How the Economy Really Works: Savings, Investing, Consuming and Market Distortions

144: Trade Deficits Aren’t Always Bad. Trade Wars Are.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

More Great Podcasts:

Celebrity Jobber with Jeff Zito - Alex Lifeson from RUSH

Alex Lifeson from the band RUSH is on Celebrity Jobber with Jeff Zito this week. What type of work would Alex Lifeson be doing if... Read more

332. Josh Freese, Hasco Enjoyments

We had a laffun good time with our good pal and legendary drummer Josh Freese (Foo Fighters, Devo, NIN) who brought his stories from a... Read more

TRUMPS SEGRAGATION PLAN, BROUGHT TO YOU BY THE LETTER 'F' FOR FAILURE - Why It won't Work and Why This Is The Dumbest Idea Since Trump University...Steaks...Vodka...ETC.

In this explosive episode of The Deron Harris Podcast, Deron dives headfirst into the latest controversial move by the Trump administration: the removal of the... Read more

Why Most Startups Fail - And How AI Can Change That: The David Hirschfeld Interview

In this episode, software veteran David Hirschfeld shares vivid insights into the rapidly approaching wave of AI transformation in tech, startups, and daily life. Drawing... Read more

Erica and Mark The Phone Call - Episode 45

This Phone Call was recorded 3.13.25 Today they told wild but true stories about our relatives who died of Alzhiemers and how its crazy now... Read more

Always Wondered - Official Trailer

Always Wondered. A podcast that takes a lighthearted look at everyday life’s little mysteries. Have you always wondered who came up with the idea for mouthwash?... Read more

The Big Bad Broadcast EP 170 -- Bigger and Badder.

We kick things off by discussing the quirks of modern technology, particularly automatic toilets, and loud hand dryers, which lead us into a conversation about... Read more

March 21, 2024. Guru on the road. Travel is more gruesome than ever! People do this for vacation!!

Coming to the U.S.? Have proper papers! There is a new sheriff in town! A nuclear submarine nearby worries people! Get a life! The Guru... Read more

Alex Ovechkin Within Reach of Gretzky’s Record

Drake defeats Missouri and Alex Ovechkin is less than ten points away from beating Wayne Gretzky’s scoring record.  #DrakeUniversity #MissouriTigers #MarchMadness #NHL #NCAA #WashingtonCapitals  Learn more... Read more

Older posts