The Trade Deficit Is a Very Interesting Thing

"It's crazy to get in debt because it's so hard to get out of that and idea of having credit card debt," he says. "I urge people use their credit card but i urge them to pay it off before it starts revolving" A significant trade deficit over a long enough time is 'a significant minus for the country' if you're very rich, such as U.S., you won't even see it until years down the line.