Circle of Trade Deficit
Donald Trump's Tariffs in Memes
China Buys -> US Treasury Bonds
US Treasury Pays -> Welfare to Americans
Trump Rednecks Buy -> Walmart Goods
Walmart Buys -> Chinese Stuff
Here’s the point:
The trade deficit is the Chinese literally giving the US items, in return for IOUs. It’s not being “ripped off”.
And if you cut them off from collecting those IOUs, then they’ll cash out sooner,
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