摘要 本报告从全球贸易失衡和美国“孪生赤字”的事实出发,构建“双循环”的一般分析框架,讨论了美国“孪生赤字”的三种解决方案,为思考特朗普2.0时代的贸易冲突、财政整顿、美债信用和美元汇率重估等问题提供一个较为完备的和统一的“思维框架”。 一、特朗普经济学的“悖论”:全球失衡与布雷顿森林体系的“幽灵” 上世纪80年代初以来,全球化过程中出现了两个“结构性失衡”:一方面,在商品和要素全球化的同时,贸易...
Source LinkDisclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.