It would be good to see some breakdown of "real" flows of stuff vs valuations. A lot of east asian exports are low margin, and a lot of US assets have crazily i

It would be good to see some breakdown of "real" flows of stuff vs valuations. A lot of east asian exports are low margin, and a lot of US assets have crazily increased in value. This may make the US appear more self-contained, but doesn't reflect the actual material self-sufficiency of the place. The mythical "cost of embargo" can tell very different story.