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> Unlike Britain, America doesn't really do free-traders Seriously? America effectively invented modern neo-liberalism, and exported it abroad via internationa
by m0th87 17y ago
> Unlike Britain, America doesn't really do free-traders
Seriously? America effectively invented modern neo-liberalism, and exported it abroad via international agreements (WTO, NAFTA, IMF loan agreements...)
> China makes an easy scapegoat for America's ills, but it is not the cause
The author makes this point but provides nothing to back it up. I could totally understand the argument that China helped induce the recession through cheap loans. I could also buy the argument that it didn't given a well-reasoned argument. Give me something to chew.
I'm not the biggest Krugman fan, but this article is all bark and no bite.