The escalating trade war with China is more than just a series of tariffs; it could be undermining the very foundation of America’s economic power – its position as the world’s reserve currency. That’s the stark warning from John Mauldin, New York Times best-selling author and co-founder of Mauldin Economics, who recently sat down with Daniela Cambone on ITM Trading to analyze the potential consequences of the current trade climate. Mauldin pulls no punches, expressing serious concerns about the direction the U.S. economy is heading and painting a picture of potential recession. He highlights the “exorbitant privilege” afforded to the…
Economy / FinanceAsiaNorth AmericaPolitics
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