Interesting question! I think another important question is the cost of *NOT* decoupling - given decreasing transparency of financial entanglements, one does not know any longer what one buys into.
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Martin Sandbu
The way things are going in the US, the rest of the world have to become imaginative about the scenarios that would best safeguard their interests. Today I ask if the world could decouple from US trade. For most countries, the answer is yes, at a significant but bearable cost. on.ft.com/41eWTKF
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