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A comment on Germany records first monthly trade deficit since 1991 as inflation soars. Parent comment

Re:Germany records first monthly trade deficit since 1991 as... by baybal2 on Monday July 04, 2022 @02:48PM (#31980509)
> Friendly reminder that trade deficits are not inherently bad.

Whether trade deficits are good, or bad depends on your monetary policy.

In case of Germany, it was definitely bad after them having such low interest rates for so long.

It was Germany's pride — it's manufacturing industry which took damage from low rates the most.

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Re:Germany records first monthly trade deficit since 1991 as... by imtringued on Tuesday July 05, 2022 @03:24AM (#31985350)
That is completely wrong. Germany exports by indebting other nations and the only way to further indebt other nations is by lending to them at even lower interest rates.
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