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China for the Trade Win?
By Advisor Perspectives
Capital Markets, Financial Services
Empire of Debt
Debt in Pictures
Wargaming the Trade War
Some Thoughts on Getting Through the Great Debt Reset
San Francisco, Frankfurt, and Puerto Rico?
With all the trade war talk, we all ask the obvious question: Who will win? President Trump says the US will win. Chinese business leaders say no, we will win. Free-traders on both sides say no one will win. Few stop to ask, “What does a ‘win’ look like?”
This makes discussion difficult. People are chasing after a condition they can’t even define. Victory will remain elusive until they know what they want. Regardless, you can score me on the “no one wins” side. I believe, and I think a lot of evidence proves, that free trade between nations is the best way to maximize long-run prosperity for everyone.
Read more at Advisor Perspectives.
Photo: David Spencer