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They're devastating for the less diversified side. The EU just signed a giant trade deal with Mercosur, creating the world's largest free market.
by saubeidl 9mo ago
They're devastating for the less diversified side.
The EU just signed a giant trade deal with Mercosur, creating the world's largest free market.
- ReptileMan 9mo agoAn economy bloc that is on decline makes a trade deal with economies that have been in shitter for almost a hundred years. I mean I approve it. I love Brazilian and Paraguayan beef and Ron Zapata is quite drinkable. But that idea that it will bring economic might to the two regions enough to push the USA out has yet to be seen if it is realistic.
- saubeidl 9mo agoI'm not sure where you get this decline narrative from. EU markets showed much stronger growth than the US last year: https://www.justetf.com/en/market-overview/the-best-country-etfs-last-year.html https://www.justetf.com/en/market-overview/the-best-country-...