Does a trade 'imbalance' hurt the US economy?
Trade imbalances are reported by the Bureau of Economic Analysis (BEA) every month. Does an imbalance matter and how does it impact the US economy?
Josh Daniels commented
Yes, please also explain the current accounts balance in conjunction with the "trade" balance. Perhaps it becomes two videos: one for trade balance and one for current accounts balance.
When you go to do this one, please discuss money flows, money coming back in the form of lending [net capital outflow = net exports; inflows=imports]; and then please BRIEFLY touch on how an unscrupulous quasi-government banking system can take advantage of the inflows.