The week Trump nearly crashed the world economy
This video unpacks the economic rationale behind Donald Trump's proposed tariffs, explaining trade deficits and capital accounts using the US-China relationship as an example. It explores how trade imbalances lead to wealth flows, with the US accumulating debt to China, drawing parallels to wealth distribution within societies.
Mentions Rishi Sunak, Liz Truss, Elon Musk, Donald Trump