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This is a bad time for more trade agreements. They are rapidly falling out of fashion (TTIP, CETA ...). Imagine what would happen if more negotiations were to be held in the eastern direction.

Free Trade Is Dead - How did Washington get trade policy so wrong? And what comes next? - Washington Monthly

How did the trade experts get their forecasts so wrong? The main error was not realizing that recent trade agreements were less about opening trade than enabling offshoring. Nothing in the orthodox trade model ever anticipated this.

... Whether free trade has resulted in a net loss of jobs and incomes is a matter of long and continuing debate. However, there does seem to be a growing consensus that it has definitely contributed to the widening gap between the incomes of the rich and everyone else.



Schengen is toast!
by epochepoque on Wed Jun 15th, 2016 at 10:01:59 PM EST

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