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Morgan Housel - The Art Of Money, Economic Madness, And Building Wealth

ManTalks Podcast

CHAPTER

Economic Challenges and Global Trade Dynamics

This chapter examines the economic struggles of blue-collar workers over the past four decades, focusing on the effects of automation and global competition on U.S. manufacturing. The discussion highlights the complexities of tariffs and trade deficits, emphasizing the importance of recognizing the differing strengths of nations to foster better global trade relations. It also explores the implications of trade wars on everyday consumers and the political motivations driving these economic strategies.

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