Economists, is this trade balance analysis correct?

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Economists, is this trade balance analysis correct?

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Buy European@feddit.ukEnglish · 1 year ago

Source: https://tradingeconomics.com/united-states/balance-of-trade

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Wanpieserino@lemm.ee
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1 year ago
We sell you items for euros. You give us USD for our euros. You spend the euros on what we produce.

We use your USDs to buy your companies.

Your population continues to buy our production…

Cycle continues

That’s how China is buying stakes everywhere

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