Discussion about this post

User's avatar
Carl Selfe's avatar

The disruption of the world economy sends tremors to the foundations of economic norms. Where cocoa and palm oil come from won’t change. Let us think about palm oil. So we buy a lot more palm oil, like 4.6 billion pounds from Indonesia in 2023. So Indonesia buys $10 billion from the U.S., but ships us $38 billion in palm oil, footwear, clothes, etc. Trade imbalance? So what? https://hotbuttons.substack.com/p/casinos-is-revenue-trump-thunk-then?r=3m1bs

Expand full comment

No posts