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.
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Wednesday, June 24, 2020
Zero Hedge — USA Plunges To 10th Place In World Competitiveness Rankings
For the second consecutive year, the US has been dethroned as the world's most competitive economy, thanks partially to President Trump's trade war. The US now ranks 10th (3rd in 2019), according to the Institute for Management Development's (IMD) new report on the ranking of most competitive world economies.
War of words... trade is doing just fine after adjusting for self-inflicted economic slowdown.
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