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"What Happens When China Realizes It Has No Option But To Stimulate?"
"What Happens When China Realizes It Has No Option But To Stimulate?" By Russell Clark, author of the Capital Flows and Asset Markets substack America Created The Trade Imbalance Donald Trump has rallied against nations that run trade surpluses with the US, accusing them of stealing American jobs. Prior to the 1980s, the US ran a flat current account (of which the trade balance is the largest component). Moving from the gold standard was a key driver in the ability for trade def
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