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Monday, October 18, 2010

The External Sector

It's just another market for goods, right, nothing more?

Yeah, until your hands are tied, like a junkie's.

Anyway, just another signpost, perhaps suggesting just how wrong economists may one day be judged about "free trade" in the current era.

[And I think it was before MFN, but not sure, that China just simply canceled some forward copper contracts, because the price moved against them...of course, the brokerage house ate it.]