Tuesday, 22 April 2025 03:28
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The global economy thrives on consumption, reflected in both Wall Streets and Main Streets.
Consumption, in turn, is driven by cross-border trade, which leverages the comparative advantages of nations to promote growth.
Cross-border trade is regulated through a combination of free trade agreements and protective tariffs—a healthy equilibrium of which is essential for the world to maintain economic stability and peace.
Much like Goldilocks, the approach must be “not too hot, not too cold!”
The global economy thrives on consumption, reflected in both Wall Streets and Main Streets.
