While central bankers spend this week trying to convince us that printing money is good for us, perhaps it's time to look to history for confidence men with similar gumption.
I've been delving into importer/ exporter nations and deficits on importer nations. Contrast has been US / Japan, with Japan being a consumer nation as well although, not to the extent of the US. Strengthening exports of manufactured products and natural resources seems, thus far, to be the winning ticket. You can spend if you exploit what you have to send abroad. Just beginning a deep dive and the US is looking about as bright as a 20 watt bulb.
I've been delving into importer/ exporter nations and deficits on importer nations. Contrast has been US / Japan, with Japan being a consumer nation as well although, not to the extent of the US. Strengthening exports of manufactured products and natural resources seems, thus far, to be the winning ticket. You can spend if you exploit what you have to send abroad. Just beginning a deep dive and the US is looking about as bright as a 20 watt bulb.