Uncle Sam has once again threatened to impose further tariffs on $200 billion worth of goods being exported from China as the trade war between the two largest economies of the world move up a notch up as neither seems ready to buckle. We are entering a phase of an economic realignment as new realities of a shifting paradigm in the globalized economy set in. The Capitalist model – which is a torch-bearer of free trade, open markets & unrestricted movement of labor & capital – seems to be running out of steam. This Economic model has actually been the strongest binding…...
The Growing Economic Divide
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