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Reading Jeff Snider: Trade Price Boom hides Trade Volume Bust [Ep. 161, Macropiece Theater]
Trade appears to be booming in Germany and China, but a closer look reveals that the gains are concentrated in "price" and when we isolate "volume" of goods traded an entirely different, and ugly-ugly-ugly picture emerges. A reading, by Emil Kalinowski.
----------WHO----------
Jeff Snider of Alhambra Investments. Read by Emil Kalinowski. Art by David Parkins. Intro/outro is "Alegro" by TAGE at Epidemic Sound.
----------WHAT----------
Global Trade and Global Prices, China and Germany’s ‘Growth Scare’: https://bit.ly/3DaZ3fI
----------WHERE----------
Jeff's Alhambra Blog: https://bit.ly/2VIC2wW…
The skinny
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