Blaze@feddit.nl to Buy European@feddit.ukEnglish · 4 days agoEconomists, is this trade balance analysis correct?europe.pubexternal-linkmessage-square41fedilinkarrow-up1564arrow-down15file-textcross-posted to: [email protected][email protected]
arrow-up1559arrow-down1external-linkEconomists, is this trade balance analysis correct?europe.pubBlaze@feddit.nl to Buy European@feddit.ukEnglish · 4 days agomessage-square41fedilinkfile-textcross-posted to: [email protected][email protected]
minus-squareWanpieserino@lemm.eelinkfedilinkarrow-up13·4 days agoWe sell you items for euros. You give us USD for our euros. You spend the euros on what we produce. We use your USDs to buy your companies. Your population continues to buy our production… Cycle continues That’s how China is buying stakes everywhere
We sell you items for euros. You give us USD for our euros. You spend the euros on what we produce.
We use your USDs to buy your companies.
Your population continues to buy our production…
Cycle continues
That’s how China is buying stakes everywhere