...Is an assumption. There is little evidence to suggest the level and rate of change in global trade will continue to be high and increasing, respectively.
The U.S., once again, holds an enormous advantage vis a vi the rest of the world as its net exports as percent of GDP are much lower than most countries.
The world is ensnared. Some of them know it (my suspicions regarding China are increasingly born out by their actions...even when their ude of propaganda and rhetorical devices are approaching event horizon levels of absurdity) some do not, all attempt to derail the engine at their putative risk.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment