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Michael Pettis
michaelpettis.bsky.social
did:plc:aday7msfnpqba7psqpjq3pij
2/13
He describes the Oren Cass view (with which I agree) as opposing the existing global trade and capital regime because it creates distortions in the US economy that systematically rig the system in favor of consumption and mobile capital and against production.
2025-02-13T09:42:42.068Z