Peter Navarro seems to have become a major economic adviser to Trump. He’s clearly a smart guy and, unlike hordes of delusional economists, Navarro understands the threat to the Western world from the aggressive mercantilism of China.
And what he says here is so great it is music to the ears:
In fact, generally speaking, everything he says here is in line with what a Post Keynesian would advocate as a trade and industrial policy for America (even if there might be disagreements on precisely how to do it).
If only Trump can implement this protectionist industrial policy properly, it will be fantastic for America.
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