The global trade collapse from tariffs continues: They all have it backwards- it’s the 5th deadly innocent fraud- as the great global trade collapse continues: Blackstone’s Schwarzman: China’s economic ‘miracle’ came at the expense of the US and the West “That leads the developed world to say to China: ‘We’ve got to rebalance this. It’s working for you. It’s not working for us,’” says Blackstone CEO Stephen Schwarzman. Up a bit this month, but levels remain historically depressed, and it’s likely some demand was moved forward by the sudden drop in rates. Also note that the chart isn’t population adjusted.
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The global trade collapse from tariffs continues:
They all have it backwards- it’s the 5th deadly innocent fraud- as the great global trade collapse continues:
Blackstone’s Schwarzman: China’s economic ‘miracle’ came at the expense of the US and the West
“That leads the developed world to say to China: ‘We’ve got to rebalance this. It’s working for you. It’s not working for us,’” says Blackstone CEO Stephen Schwarzman.
Up a bit this month, but levels remain historically depressed, and it’s likely some demand was moved forward by the sudden drop in rates. Also note that the chart isn’t population adjusted.