Applying Ockham's razor to de-globalization: https://www.project-syndicate.org/commentary/stagnating-global-trade-low-commodity-prices-by-daniel-gros-2016-03#rj7BYjtHWcb6zXff.99 …
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@Outsideness Precisely my point. When prices are low they can use the profits to make more for export...not less. -
@Outsideness Hence the driver is not commodity prices but demand for exports. That said, I'm not sure. He has a novel point.
End of conversation
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