Sunday, March 18, 2018

Yanis Varoufakis, ex-Greek finance minister, analyzes Trump trade

Donald Trump is perhaps the US president best equipped to understand that some rise by sin, and some by virtue fall.

His personal business plan always involved racking up enormous deficits and debts, before finding a way to unload them on to others – his employees and creditors mostly.

Last week the US president imposed tariffs on steel and aluminium imports. The notion that he did so because he is concerned about America’s trade deficit collapses into a pool of implausibility when projected upon a businessman so intensely relaxed about being in the red.

  Guardian
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...but hey, do what you want...you will anyway.

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