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Yes. Too much of a good thing, or a good thing at the wrong place or instant of time, ends up not being a good thing.

I would recommend against having sex in a subway station at rush hour, or drinking French Cognac during a job interview, although both are good things.

We can and should discuss how much trade deficit, and the nature of it, but in essence, it is still a good thing if you don't owe to other countries money in a currency you don't control to have this deficit.



Except the US has a realistic protectionist policy it can use: defence production. It's an industry which is diverse, naturally demands locality, but can also provide an export market.

And very much was a core US growth export till very recently.




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