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Never forget about the main US "export product" that in a large part finances this growing monster - financial securities. All the foreigners want the S&P500 (growth!) and Treasuries (positive yield!).

https://fred.stlouisfed.org/series/IIPUSNETIQ

The cumulative "exports" stand at around -$11T, 50% of GDP.

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Could you elaborate? I don't understand the link you posted. What is the U.S. Net International Investment Position (IIPUSNETIQ)

https://en.m.wikipedia.org/wiki/Net_international_investment...

In short: US-owned foreign securities minus foreing-owned US securities.

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