The Trade Wars of Codependency by Stephen S. Roach

Whatever the source, the conflict phase of codependency is now at hand. China is changing, or at least attempting to do so, while America remains stuck in the time-worn mindset of a deficit saver with massive multilateral trade deficits and the need to draw freely on global surplus saving to support economic growth. Codependency never ends well in personal relationships. … http://bit.ly/2zsHoBA

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