The 4 b's are the american economy A barbell economy. Us is net exporter of bushells, barrels bombs & bonds. Bushells if commodities is one side. The middle is everything china exports. The other side is bombs & bonds. The 4 b's are fungeble- meaning. You can get these items elsewhere The china exports are non fungeable. Meaning. You buy from asia or go without. If you take it a step further. China can wait out nearly anybody else in a trade war. Chinas exports can be held in a warehouse for long periods. Us exports ate harvested. Mostly with far shorter warehousing time frames. Just sayin. |
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