Trump’s Trade Wars

Posted on October 25, 2018

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Since the end of the Cold War there is a big quest for a replacement to the “Spectre of Communism” as a stimulus to the economy. Speculative investment in “dot coms”or real sate showed its limits with great bursts. Globalization became good for the financial capìtal but not so for an industrial infraestructure less competitive. Will Trump’s Trade Wars be capable to the task? Michal Spence has his doubts.