My view: There is much talk about the American Exceptionalism
Lately Allison Schrager
https://englundmacro.blogspot.com/2025/03/is-this-how-american-exceptionalism-ends.html
Is the American Exceptionalism grounded in the holy animal spirit, its dynamism, which underpins innovation and productivity, attracting talent from around the world.
Or maybe having a Reserve currency in combination with vast deficits in trade and budget.
No problem; just print money and the economy will be exceptional.
But for how long?
See also:
Global imbalances more dangerous than trade war
https://englundmacro.blogspot.com/2025/03/global-imbalances-more-dangerous-than.html
Back to Rolfs tips 31 mars 2025
https://englundmacro.blogspot.com/2025/03/rolfs-lanktips-31-mars-2025.html
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