Thursday, June 5, 2025

Americans Consume Too Much (and the Chinese Too Little)

Trump thinks Americans consume too much. He has a point.
https://www.economist.com/finance-and-economics/2025/06/05/trump-thinks-americans-consume-too-much-he-has-a-point
He will not like the remedy, however. 

Related:
What Trump Gets Right About China
https://www.project-syndicate.org/commentary/china-overcapacity-undermined-us-manfuacturing-and-caused-chinese-demographic-collapse-by-yi-fuxian-2025-05
When Donald Trump complains that Chinese exports have contributed to the decline of US manufacturing, he has a point. But no one has paid a higher price for Chinese overcapacity than China, which is now staring down the barrel of demographic collapse.