Another way to say this is foreign investment. So much foreign investment.
China (and other big surplus countries) put a lot of money in to keeping the cost of things in the US low, due to their own mercantilist policies, directly at the expense of their own household sector.
China (and other big surplus countries) put a lot of money in to keeping the cost of things in the US low, due to their own mercantilist policies, directly at the expense of their own household sector.