Will Countries Fulfill Their Investment Commitments to the U.S.? An In-Depth Analysis of the Putin-Trump Meeting (Part 1)
I. The Fundamental Contradiction of Trump’s Economic Reforms The “small government, big business” reforms promoted by Trump represent, in essence, a complete reversal of the U.S. economic development model of the past 17 years. Following the 2008 subprime mortgage crisis, the U.S. economy became heavily reliant on federal government debt-fueled stimulus, achieving economic growth through the excessive issuance of government bonds. During the COVID-19 pandemic in 2020, this “big government, small business” model was taken to its extreme. ...