447 sats \ 1 reply \ @xz 5 Jan \ parent \ on: China Loosing Against USA econ
Interesting. For some reason, I tend to forget about that. Guess it's my lack of trading acumen.
That line, when the tide goes out, you see who's not not wearing their shorts, or something similar, stays in my mind.
Fair enough for Krugman. I trust you know more about his origins than I.
The first point is a problem middle class people often have with brokers. Brokers prioritize their wealthy clients, so when they advise them to sell off some stock, the easiest group to sell it to is their poorer clients.
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