Macroeconomics 8th Edition by David Colander

Exercise 2

Your text talks about how the United States has been consuming more than it has been producing for more than 30 years, making it the largest debtor nation in the world. Deuteronomy 28:43?44 warns against such indebtedness to foreigners. "Aliens residing among you shall ascend above you higher and higher, while you shall descenda. Is the trade deficit bad even if it can continue indefinitely?
b. Are there biblical ethics against living beyond one's means that suggests any trade deficit is bad?
c. In what way is the Deuteronomist's saying true for America today? (Religious)