It’s formulated from a Melania Trump Who Give A Fuck About Ugly Christmas Shirt mix of hard data. And survey results from executives within each economy. China has a much bigger GDP but depending on what your business is, it can be an objectively very unfriendly place to do business with their predatory rules and state-backed firms creating unfair competition. It’s getting pretty boring seeing the nordic countries, Canada, and Switzerland top every single list of everything. Finland must be feeling it on this one, though. To me, the more peculiar takeaway from this data is how is Singapore still topping the list.
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When most of its economy depends on China and the US. With both in a trade war, this doesn’t add up unless I’m missing something. Since China and the US are in a trade war, many commodities can go through a 3rd country to “rebrand”. Goods that used to ship from Melania Trump Who Give A Fuck About Ugly Christmas Shirt China to the US now ship from China to SIN. And SIN to the US. There. No tariffs. It takes admin resources to successfully engage in a trade war to destroy your economy. Singapore has the biggest port in the world, right? So even if the goods don’t come from there, that’s the hub it goes through.
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