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Economy

My thoughts on Trump’s trade war

People are now talking about a trade war. But How will Trump implement his tariff plan? Who will the targets be? How will they respond? What will the economic and political ramifications be? We simply don't know. There will be great…

The Risks of Pro-Cyclical Policy

Pro-cyclical monetary and fiscal policies exacerbate the challenge that lies ahead. Although the world enjoys a synchronized expansion, the Great Financial Crisis may not be truly over until the downside of this business cycle is managed.
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