How Is the Trade War Affecting U.S., China Economies?

The transcript discusses the potential impacts of the US-China trade war on the global economy, highlighting the risks of recession and changes in supply chains. It examines the economic indicators suggesting a late cycle in the US and the challenges China faces in overcoming the middle income trap. The possibility of a new economic Cold War with rival trade blocs and technologies is also considered.

What are the potential consequences of a major escalation in the trade war?

How might the US economy be affected by long-term changes in supply chains?

What indicators suggest that a recession may be on the horizon for the US?

Discuss the implications of the yield curve being inverted.

What challenges does China face in escaping the middle income trap?

What role does private enterprise play in moving countries out of the middle income trap?

How could a new economic Cold War manifest in terms of trade and technology?