korrents

Our readingWhat is a korrent?

Persistent US trade deficits are the mirror image of trade partners' capital account surpluses caused by beggar-thy-neighbor industrial policy

Drawn from what Samuel Hammond said

SubjectsdisciplineChinaAmericatariffs
What these subjects mean

discipline Doing the work when you do not feel like it: whether showing up is the whole secret, or systems and enjoyment beat willpower.

tariffs Taxes on imports: whether they close a trade deficit, what they do to prices, and what they are really for.

What Samuel Hammond actually said

  1. Samuel Hammond Senior economist at the Foundation for American Innovation
    Persistent U.S. trade deficits are an epiphenomenal mirror to our persistent capital account surpluses, which are in turn downstream of the beggar-thy-neighbor industrial policies of countries like China and Germany.

    Where this was said

    ↗The Strategy Behind the Stupiditysecondbest.ca

    7 Apr 2025

    All 2 korrents from this piecethis one is 1st

Added to korrents 20 Sept 2026 · How quotes work · Something wrong? Tell us

Do you hold this korrent?Do you also believe this?

I hold this too

Related korrents

Shared subject first, then similar wording. They may agree or disagree.

See this claim on the map