More hermeneutics, not overtly pro-Trump due to passive phrasings like:

> Tariffs were escalated very quickly to unsustainable levels,

Leaves off who, exactly, raised those tariffs. Tariffs are not forces of nature. Someone raided them.

This is one of the first paragraphs:

> Where a trade deficit does become a problem is when 1) it’s persistent and 2) it’s mainly going toward overconsumption or malinvestment. When both of these conditions are met, the trade deficit is likely to result in significant imbalances, and risks an eventual currency crisis or other economic problem that forces the trade imbalance closed.

It is stated in the tone of “as every 3rd grader knows…” but I don’t believe this is a “mainstream” economic position these days, is it?

Lyn Alden is a world class financial brain, I have been following her for years. I have a mid eight figure net worth, partially due to careful consideration of the points she makes. This article this month is fantastic.