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Peter Thiel gets a lesson in economics 

03 Nov

“Mr. Thiel: Attempting to justify Trump’s and his followers’ hostility to free trade you write that “[t]he sheer size of the US trade deficit shows that something has gone badly wrong.  The most developed country in the world should be exporting capital to less developed countries; instead, the United States is importing more than $500 billion dollars every year.” I’ve some questions …”

Source: Open Letter to Peter Thiel – Cafe Hayek

 
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Posted in Economy, Free markets, Politics, Trade

 

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