Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Trade War With China

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Why America must Avoid a Trade War With China

Essentially, the United States will have to return to 1930s levels of economic activity to survive a trade war with China. For instance, much of the population will have to do without new consumer goods for years; or never, to harm the People’s Republic. In addition, the United States could have to endure several years of 25% or 30% unemployment.

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