China has terrible air pollution, burns too much coal and pays too much for natural gas. The U.S. has too much gas, trouble financing expensive export terminals, and a huge trade deficit with China. The solution should be obvious.
It looks like policy makers in both countries may be thinking along similar lines, according to a preliminary 10-point bilateral trade plan released by the Trump administration Thursday.
“The efficient-market hypothesis may be the foremost piece of B.S. ever promulgated in any area of human knowledge!”