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Glenn Diesen’s Substack

Trump's Economic Recovery - A Dead End?

Michael Hudson, Alexander Mercouris & Glenn Diesen

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Glenn Diesen
Feb 17, 2025
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We spoke with the renowned economist Michael Hudson regarding Trump’s plan for economic recovery. The use of tariffs was important for US industrialisation throughout the 19th century as it enabled infant industries (low quality, high cost) to develop and gradually become more competitive vis-a-vis Britain’s mature industries (high quality, low cost) be…

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