There seems to be a curious symmetry between Donald Trump's plans for growth and those of the 'evil, trade dumpers' based in China.
I am sure Trump will be making outrageous claims about getting even with the Chinese on trade but the reality is someone needs to fund all that extra state debt, and given the liquidity and depth of US bond markets, that someone is highly likely to be China to some degree. For me, the more interesting question is Trump's glorious boast to increase the long-term growth rate of the US to 4%. This sounds like the Chinese Communist Party's equally glorious determination to keep GDP growth at around 7%. The symmetry of ambitions about GDP growth is obvious, of course. What Trump shares wit...
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