Despite Trump backing off from implementing his bizarre reciprocal tariffs imposed on every country in the world (including the penguin-only inhabited islands of Heard and McDonald), two thousand m…| Michael Roberts Blog
US President Donald Trump’s trade war has forced the governments of the other major economies to reconsider the whole international trading and monetary regime. The international trading ‘rul…| Michael Roberts Blog
I agree with Michael Pettis on one thing: ‘the US dollar’s role as the primary safe currency has made America the chief enabler of global economic distortions’. Pettis, however, seeks to frame this…| Synthetic Assets