Global Trade Impact
Oren highlights the consequences of offshoring on industrial capacity, innovation, and national security. He emphasizes the trade deficit's impact on debt and assets exchange, urging for a balanced approach to prevent catastrophic consequences in the service sector.In this clip
From this podcast
World of DaaS
Oren Cass: American Economic Stagnation
Related Questions
How does trade affect the economy as discussed in the episode Howard Marks | The Knowledge Project #53 and the clip Trade Deficit Realities?
How does trade affect the economy as discussed in the episode Howard Marks | The Knowledge Project #53 and the clip Trade Deficit Realities?
How do we fix the imbalance of Western companies outsourcing to Eastern Europe and paying a fraction of what they pay at home, despite rising costs of living? Should we build our own brands, push for EU-level labor reform, or accept that capital will always flow to where labor is cheapest?