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162 points TaurenHunter | 2 comments | 4/4/2025, 9:20:00 AM | HN request time: 0.572s | source

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iNic ◴[4/4/2025, 9:57:00 AM] No.43580108[source]▶

Interesting, and worrying at the time, but he clearly turned out to be wrong. The trend never stopped [1] and is not obviously responsible for any negative economic trend. The trend has continued [2]. The thing to worry about is probably not that it is happening, but who is holding these investments.

[1]: https://www.bea.gov/data/intl-trade-investment/international...

[2]: https://fred.stlouisfed.org/graph/?g=1HrHY

replies(2): >>43580168 #>>43580429 #

1. nipponese ◴[4/4/2025, 10:51:00 AM] No.43580429[source]▶

>>43580108 #

It's moments like right now that the white collar class seems forget the wealth inequality in the US that's been widening over the last 50 years.

replies(1): >>43582037 #

2. iNic ◴[4/4/2025, 1:27:00 PM] No.43582037[source]▶

>>43580429 (TP) #

Yes, but also the story is not that simple. The share has actually been growing since 2010: https://fred.stlouisfed.org/series/WFRBSB50215

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Growing trade deficit is selling the nation out from under us (2003) [pdf]