2021: A Year of Peak Speculation – Ep 764
The Peter Schiff Show Podcast
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We've Got the Strongest Economy in the World, the Biggest Trade Deficit in Us
The 97 point eight billion dollar deficit in november is a 15 % increase over that upwardly revised october number. We're importing more, we're exporting less. How does that give with a strong economy? It doesn't. Strong economies produce surpluses. They don't produce deficits. And i think this is going to be a big problem in 20 22, because i don't see how these deficits are going to get financed.
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