Menu Close

Smoot-Hawley’s Revenge

This is a syndicated repost published with the permission of Between The Lines. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

“The bottom line here is very clear: The US Congress just doesn’t do macro.” –Stephen Roach, in Past The Point Of No Return
Isn’t it remarkable that the pea-brains on Capitol Hill don’t link the obvious negative consequences of the trade imbalance with China (manufacturing job loss) with the “positive” results we’ve come to depend […]

This site uses Akismet to reduce spam. Learn how your comment data is processed.

RSS
Follow by Email
LinkedIn
Share