Thomas Sampson

speaker
23 appearances 1 recordings 1 series first heard Apr 2025 last heard Apr 2025

Thomas Sampson’s voice in public audio — every appearance, attributed to the second.

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So unless there's a change in that savings investment balance in the US, the US is still going to run an aggregate trade deficit.
And if you're running an aggregate trade deficit, then there's got to be at least some countries you run a bilateral trade deficit with.
So fundamentally, we wouldn't expect this to eliminate those deficits.
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