An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
The US regardless of the Administration would have already sanctioned / imposed tariffs and perhaps even bombed them if it wasn't detrimental to WS interests.
Trump or for that matter Clinton, is not going to rock that boat, lest they end up bloodied in the back seat of Lincoln convertible.
"Basic economics teaches us that a country's surplus cash sent abroad to buy foreign goods eventually returns (minus the value of the same country's exports) in the form of investment," said Financial Post."
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Of course the Chinese don't want a U.S. president who would slap a tariff on Chinese goods.
The US regardless of the Administration would have already sanctioned / imposed tariffs and perhaps even bombed them if it wasn't detrimental to WS interests.
Trump or for that matter Clinton, is not going to rock that boat, lest they end up bloodied in the back seat of Lincoln convertible.
"Basic economics teaches us that a country's surplus cash sent abroad to buy foreign goods eventually returns (minus the value of the same country's exports) in the form of investment," said Financial Post."
This is economist bullshit...
May be of interest to some:
https://www.wsws.org/en/articles/2016/05/07/pers-m07.html
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