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  1. Nov 2024
    1. the United States slipped from being a surplus country from having a surplus in its trade balance uh to having a deficit and kid was worried because he knew that historically speaking every Empire that went from being a surplus to a deficit economic entity started fading

      for - 1968 - US went from trade surplus to trade deficit - this meant US would begin fading - this worried Kissinger - Yanis Varoufakis