AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Scott Lincicome on the Trump Trade War
Macro Musings with David Beckworth
Understanding Trade Deficits and Global Economics
This chapter critiques the simplistic focus on bilateral trade deficits, highlighting the complexities of global supply chains and the importance of value-added trade balances. It discusses the interconnectedness of saving, spending, and investment behaviors across nations, emphasizing that trade deficits reflect broader economic dynamics rather than isolated trade policies. The conversation also addresses the misleading narratives surrounding trade relationships, particularly in the context of U.S.-China trade dynamics and the implications for job markets.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode