2min chapter

Hidden Forces cover image

What Comes After Secular Stagnation? | Barry Eichengreen

Hidden Forces

CHAPTER

Do You Think We're Seeing the Emergence of a Bifurcated Global Economy?

I worry that we're seeing the emergence of a bifurcated global economy. The Chinese are investing abroad, but not so much anymore in the United States. There are important economies aligned with the U.S. and South Korea that depend importantly on trade with China. I think a b ifurcated world economy would be disastrous for the global economy.

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