Profiles

Trade agreements have thus become obsolete tokens of negotiation in larger geopolitical disputes, protectionist tools for managing and interfering with global trade flows. 

Let the WTO and all its agreements go already! We cannot salvage something that was broken from the start. 

The evolution of global trade over the last decades has thus been influenced to a significant and yet unrecognized extent by the expansionist monetary policies of governments around the world.

Government injection of funds into trade finance prevents interest rates to rise, deepening malinvestments and precluding the readjustment of international trade after a crisis.

A important factor in wealth redistribution has been the increased participation of both financial and non-financial firms in financial markets.