China/Carolina Shock. So what WAS this response that some got right and others did not?
Between the two shocks, I'll continue to hammer on the double terms of trade effect driven by a) fiscal deficits => dollar overvaluation and b) trade negotiations that focused on opening foreign markets to US trademarks and intellectual property instead of US exports of goods.
China/Carolina Shock. So what WAS this response that some got right and others did not?
Between the two shocks, I'll continue to hammer on the double terms of trade effect driven by a) fiscal deficits => dollar overvaluation and b) trade negotiations that focused on opening foreign markets to US trademarks and intellectual property instead of US exports of goods.
China/Carolina Shock. So what WAS this response that some got right and others did not?
Between the two shocks, I'll continue to hammer on the double terms of trade effect driven by a) fiscal deficits => dollar overvaluation and b) trade negotiations that focused on opening foreign markets to US trademarks and intellectual property instead of US exports of goods.