Category

Protectionism

Stalling Markets Protectionism

Stalling Markets

The combination of American trade protectionism and the end of a failing credit expansion is leading into a global economic downturn, and potentially a systemic crisis. Meanwhile, investors still believe more extreme monetary policies will stabilise economies…
bubmag
July 20, 2019
Quotation of the Day… Protectionism

Quotation of the Day…

The fear that domestic firms will be outcompeted by subsidized foreign producers is not a sufficient argument for a government to prevent its own citizens from making their own import deals. Whatever harm is thereby caused domestically, such as loss of jobs, …
bubmag
July 19, 2019