Part 8/9:

With rising interest rates exacerbated by shrinking foreign demand for US bonds, the future looks treacherous. Trade tariffs may provide some temporary relief, but they also risk stifling international trade cooperation, leading to two bifurcated economies—one engaged with China and another stuck in the throes of isolationism.

Conclusion: A Merry but Cautious Christmas

As the holiday season unfolds, significant changes loom on the horizon with implications that will resonate through 2024 and beyond. With the West grappling with economic realities and turning its eyes toward China for respite, the evolving landscape presents both challenges and opportunities that will need careful navigation.