3min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E27: The Great Inflation Debate, Amazon gets spicy on Twitter, rethinking supply chains & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

What Happened Around Two Thousand Two Thousand One, That Destroyed Wage Growth

In two thousand bill clinton pushes congress to approve the us. China trade agreement and gave them a full access to the w t o. And then what happens in two thousand one is bush makes this situation permanent. He grants permanent what's called permanent normal trade relations, which basily m f an status inperpetuity to china. What do we do now in terms of unwinding this? Is there a way to roll this back, or we just mute it from this point forward? How does it become a two a street? Or is that just not even possible?"

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