A Skinny Trade Deal Will Not Stop The Slide Toward Global Recession

There is a problem of diagnosis. The current economic slowdown is not entirely due to the trade tensions between the United States and China, but mostly due to a combination of debt saturation and end-of-cycle signals. These were quite evident in China months before any tariffs were announced.

 

 

 

 

 

https://www.dlacalle.com/en/a-us-china-trade-deal-will-likely-be-a-zero-sum-game/