two sided coin

So, Japan and Germany have huge trade surpluses. Despite their workers being the best paid in the whole world. In both absolute and relative terms. Among the major economies, anyway.
Meanwhile, the US has a humongous trade deficit. Yet the American CEO-s are ‘compensated’ as if they were the best in the world…

Interesting, right?

More ideas about the same subject here:

Why is Japan Economy (surplus of over $100 Billion) a considered Weak Economy? & Why is USA Economy (deficit of over $400 Billion) Strong Economy?

 

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