Trade deficits numbers used to be the critical number for inflation, etc. In 1987 the worst trade deficit was 17.5 Billion. Now it is not even reported any more.
Now the trade deficit is 70 Billion and no one cares because the US dollar is KING in the world.
What happens if the world moves away from the US dollar as the RESERVE CURRENCY, and as the PETRODOLLAR, as it seems to be doing?(4) 🔴 King Dollar Will Soon Be Dethroned – Ep 885 – YouTube