Open Letter to Trump Economic Advisor Peter Navarro - Cafe Hayek
As the good professor says, it is simply an investment surplus in America occurring year after year. We should celebrate this instead the industrial first thinkers believe investment inferior to exports. This is folly. Exports are the loss of wealth to a nation, imports the gain, and foreign investment is an import.
We win the game year after year, but a large section of economically illiterate, but outspoken individuals believe otherwise. Don't be fooled.