
Heading towards a per-capita recession. June 9, 2023
Motley Fool Money
00:00
The Importance of Trade
I think you've got to go back to this idea that trade is an act of economic mutual benefit. I'm not going to do the trade with you unless one of you's got a gun, right? We're only going to exchange, we exchange because each of us feel as though we're better off after the fact,. And it's the same at the country level. So if I can dig this up and you can make it and we all get more for less, we all play to our strengths, it's actually a good thing. It actually fosters peace in the world. Despite our very conundrum now, wait, see what happens when they give entrepreneurs proper incentives - but
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