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**beethyday** · 09-22-2008, 03:31 AM

Originally posted by Darius871
Then why care about deficits at all? Why not set the debt to 1000% of GDP, if their "need" to export to us translates into a need to lend to us without limit? It doesn't make sense. Something's gotta give. The amount the export to us determines how much they lend us. The trade deficit obviously matters, but their ability to export to us is limited so is the amount they will lend to us.

09-22-2008, 03:31 AM	#4
beethyday Join Date Oct 2005 Posts 497 Senior Member	Originally posted by Darius871 Then why care about deficits at all? Why not set the debt to 1000% of GDP, if their "need" to export to us translates into a need to lend to us without limit? It doesn't make sense. Something's gotta give. The amount the export to us determines how much they lend us. The trade deficit obviously matters, but their ability to export to us is limited so is the amount they will lend to us.
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