The US has become structurally expensive: goods and services prices in the US far exceed comparable prices in Asia and Europe, making the US uncompetitive on price and reversing the historical pattern where the US offered lower-cost consumption.
factualpending
Speaker
Louis VangermeerschEvidence Quote
“the US is super super expensive but you go to you go anywhere in Asia today like the comparative advantage that they have both in terms of the productivity of their industry and in terms of the cost of goods is just the Gap is too big [1:03:38]”
Source
From Wedlock to Deadlock: The East-West Divorce - with Brent Johnson and Louis Gave— In Gold We Trust [EN]Created: 8/12/2026, 6:04:21 PM
My Notes
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