[omegaworks]

>In the bottom line, if you're consuming more than you're manufacturing, mostly likely you're in trouble.

Or you are a dominant entity on the world stage with the power to demand more physical goods than the physical goods that you produce.

Trade deficit rebalancing is an argument for the destruction of the supremacy of the dollar.

[AlexTWithBeard]

No domination can last forever.

If you consume more than you produce, you're creating a debt. Sooner or later this debt should be paid.

If you're exporting dollars, be prepared that these dollars will come back to purchase your best land and your best people.

[omegaworks]

>If you consume more than you produce, you're creating a debt. Sooner or later this debt should be paid.

Few things: firstly, trade imbalance is not debt. That is a gross oversimplification of the macroeconomy.

Secondly: debt repayment doesn't even guaranteed with personal debt (bankruptcy, for example, discharges personal debt). The state has mechanisms for discharging debt available to it that personal debtors do not have.