To finance this trade deficit the U.S. has to borrow from the rest of the world or sell American assets like stocks businesses and real estate to the rest of the world.

finance trade deficit borrow world american assets stocks businesses estate world

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Joseph Butler Happiness

The sum of the whole is plainly this: The nature of man considered in his single capacity and with respect only to the present world is adapted and leads him to attain the greatest happiness he can for himself in the present world.

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