Tuesday, 8 April 2025

a bit on tariffs etc

 Here is the highly esteemed Richard Baldwin on why Trump was able to to do what he did.

Also HERE is an article on China's rise.

THIS is related as well


Been busy but three related points

  1. globalisation had to mean helping out the losers but it did not happen in the USA.
  2. Differential tariffs mean a lot of paperwork BUt the USA does not have the personnel to do this!
  3. How di do many billionaires and millioaires get Trump so wrong. He has been an avid mercantilist since the 1980s and he di not hide this during the election.

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