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There's a decent chance that you're right. The global expert class definitely has bad TDS.
However, right now, the problem isn't the impact of tariffs. The problem is the impact of uncertainty about tariffs. Regime uncertainty always causes reduced economic activity and skews that activity towards high time preference endeavors.
The problem is the impact of uncertainty about tariffs.
I agree. I also agree that TDS is at ATH among the global expert class. They have even decreased India's projections which aren't correct because I believe India will see near 7% growth in next 4 years mostly due to India-US trade will be stronger and stronger by every passing day.
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