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Consumer Quote by Peter Schiff

“Trade deficits are OK under certain circumstance. 1. An emerging…” quote by Peter Schiff
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“Trade deficits are OK under certain circumstance. 1. An emerging nation imports capital goods necessary to enhance its productivity. 2. A developed nation, with a current account surplus, uses some of its investment income to finance the purchases of additional consumer goods from abroad.”

Peter Schiff

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