3 ms·
> orderly deleveraging. Instead we get trade wars and nationalism. How else are you going to politically sell deleveraging? Nationalism ("made in america" stic
by Supermancho 7y ago
> orderly deleveraging. Instead we get trade wars and nationalism.
How else are you going to politically sell deleveraging? Nationalism ("made in america" stickers) weren't effective in the past. I do not believe it's going to be effective in steering capitalism now.
- lambdasquirrel 7y ago"Made in America" didn't work. But the trade war seems to be "working" as far as marketing goes. That all said, there was some news the other day that most of the farm bailout has gone to big agricultural firms, so there's that...