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117 sats \ 12 replies \ @0xIlmari 27 Apr \ parent \ on: Will the yen's crash now be followed by a chain reaction? econ
https://tradingeconomics.com/japan/exports-by-country
I think the US would be ready to wage another trade war to protect their fiat hegemony.
We are already in the midst. The Europeans now joining the club
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but the problem is the disintegration of international trade, which is leading to massive productivity losses. too much capital is being destroyed, and the goods and services that people need are not being produced in sufficient quantities. the damage is very multifaceted, not least at the geopolitical level, where we are now also seeing the world breaking up into two blocs.
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