Thanks @SkillArbitrage for arranging the 3 day bootcamp for aspiring #independentdirector 's All three days were insightful. In All, it was a fulfilling three day journey towards understanding the skills, preparation & mindset needed to take up this vocation.
What insights does Game Theory offer on the U.S. tariff policy approach? I can think of at least two:
1. Given the relative strength of the U.S. and the relative weakness of many other countries—both cyclically and structurally—the approach promises gains for America in the short-term. The key question is whether these gains materialize immediately or only after other countries attempt to resist and fail.
2. The longer-term outlook would become less favorable for the US if tariffs become a “repeated game.” The more it appeals to tariffs, the stronger the incentive for other countries to reduce their economic and financial dependence on the US and accelerate the fragmentation of an international economic order that has historically served America well.
Put differently, the weaponization of trade promises immediate gains for the US. But, if sustained over time, it risks eroding America’s central position in the global economy while encouraging other countries to look for alternative systems that bypass it.
#economy #markets #trade #tariffs
I'm glad to repost this. In all my podcasts focussing on women empowerment, I have been consistently appealing to men about how instrumental they are to Us while we together move towards #womenempowernent Kudos💯✍️💪
Lucknow, my city, protesting the killing of the Hezbollah terror!st Nasrullah. I am pretty sure, 99% of these guys have never heard of Nasrullah before this, Don't even know how he looks like, Cant point where is Lebanon on the map. But for some reason this blind solidarity.
The objective is simple, keep reminding the masses that you are being threatened, so that they don't demand basic freedoms in life, a ghetto is what will keep them safe, in every country. Keep protesting for imaginary causes.