India's Trade Deficit Rises - Don't Worry, India Should Have A Trade Deficit

So, a trade deficit means that there must be a capital surplus. As India is, by definition, a capital deficient economy, we think this is just great. We want India to have a trade deficit.

from Forbes Real Time http://www.forbes.com/sites/timworstall/2017/07/15/indias-trade-deficit-rises-dont-worry-india-should-have-a-trade-deficit/
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