Surviving with a negative trade balance
Debunking Economics - the podcast
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Is Australia Running a Trade Deficit?
australia spent, you know, most of the last 50 years in deficit. But it was getting up to four % of g d p before the pandemic,. In terms of its surplus. It's not a case that an is using australian dollars to a to invest in producing new new vehicles, but that japan. Because because we're running a deficit into the the individual levelin sum of all the strain companies, they're importing more than they're exporting. And i've got imean my my feeling, i a major reason why we have such a unbalanced or international eco economic system.
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