Scott
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Podcast Appearances
And also you're already seeing that basically we're thrusting the EU into the arms of China and vice versa. Chinese e-commerce exports to the US fell by 65% last month, but exports to Europe rose by 28%. And also what we forget is that Europe is actually a bigger trading partner. So that's 28% on a bigger number.
So the big winner in the short term is the EU, because you got to think that a lot of these factories want to keep their assembly lines humming. And so they're going to call a lot of potential customers in Europe and say, hey, I can get you a great deal on this widget. I mean, this is effectively the way I would describe it.
So the big winner in the short term is the EU, because you got to think that a lot of these factories want to keep their assembly lines humming. And so they're going to call a lot of potential customers in Europe and say, hey, I can get you a great deal on this widget. I mean, this is effectively the way I would describe it.
So the big winner in the short term is the EU, because you got to think that a lot of these factories want to keep their assembly lines humming. And so they're going to call a lot of potential customers in Europe and say, hey, I can get you a great deal on this widget. I mean, this is effectively the way I would describe it.
America is not dead, but it's the equivalent of a death of the kind of existing post-World War II world order as led by the United States. And that is these traditional trading alliances that were built up over the last 80 years of trust, rule of law, intellectual property, It feels like that is dead.
America is not dead, but it's the equivalent of a death of the kind of existing post-World War II world order as led by the United States. And that is these traditional trading alliances that were built up over the last 80 years of trust, rule of law, intellectual property, It feels like that is dead.
America is not dead, but it's the equivalent of a death of the kind of existing post-World War II world order as led by the United States. And that is these traditional trading alliances that were built up over the last 80 years of trust, rule of law, intellectual property, It feels like that is dead.
And what we have is the largest yard sale from an estate sale from this rich old lady down the street who died. And everyone's showing up and trying to figure out how do they get their piece of a $25 trillion economy. I think our economy is going to shrink.
And what we have is the largest yard sale from an estate sale from this rich old lady down the street who died. And everyone's showing up and trying to figure out how do they get their piece of a $25 trillion economy. I think our economy is going to shrink.
And what we have is the largest yard sale from an estate sale from this rich old lady down the street who died. And everyone's showing up and trying to figure out how do they get their piece of a $25 trillion economy. I think our economy is going to shrink.
And a lot of other nations are going to try and figure out how they fill that void by either trade relationships with each other, grabbing market share from U.S. companies that will no longer have the same most favored nation status that they enjoy with their international partners.
And a lot of other nations are going to try and figure out how they fill that void by either trade relationships with each other, grabbing market share from U.S. companies that will no longer have the same most favored nation status that they enjoy with their international partners.
And a lot of other nations are going to try and figure out how they fill that void by either trade relationships with each other, grabbing market share from U.S. companies that will no longer have the same most favored nation status that they enjoy with their international partners.
And you're going to see a lot, in my opinion, you're going to see a lot of small, medium-sized businesses go out of business in the U.S. And that... That economic activity will be picked up by other people when the global economy fills in those holes, if you will. So it's interesting to try and think about who are the winners in the short, the medium and the long term.
And you're going to see a lot, in my opinion, you're going to see a lot of small, medium-sized businesses go out of business in the U.S. And that... That economic activity will be picked up by other people when the global economy fills in those holes, if you will. So it's interesting to try and think about who are the winners in the short, the medium and the long term.
And you're going to see a lot, in my opinion, you're going to see a lot of small, medium-sized businesses go out of business in the U.S. And that... That economic activity will be picked up by other people when the global economy fills in those holes, if you will. So it's interesting to try and think about who are the winners in the short, the medium and the long term.
Biggest loser in the long run, hands down the US, both short, medium and long, I think. But I think the EU is actually going to be a big winner here, because I got to think... China zeigt sich auf und sagt, hey, die Verkaufszeit des Jahrhunderts liegt gerade auf chinesischen Einkommen.
Biggest loser in the long run, hands down the US, both short, medium and long, I think. But I think the EU is actually going to be a big winner here, because I got to think... China zeigt sich auf und sagt, hey, die Verkaufszeit des Jahrhunderts liegt gerade auf chinesischen Einkommen.
Biggest loser in the long run, hands down the US, both short, medium and long, I think. But I think the EU is actually going to be a big winner here, because I got to think... China zeigt sich auf und sagt, hey, die Verkaufszeit des Jahrhunderts liegt gerade auf chinesischen Einkommen.
I think Americans are about to eat a very cold lunch in terms of Ja, genau. When we got like employee 30, we opened an office in London. And then when we got to employees 60, we started pitching clients in China. And when you go over there as an American company, you're pretty well received.